Opalesque Industry Update - 100 Women in Hedge Funds (100WHF), Pacific Alternative Asset Management Company, LLC (PAAMCO), and the Chartered Alternative Investment Analyst (CAIA) Foundation today announced the 10 recipients of the second annual 100WHF/CAIA Scholarships.|
The scholarship program, administered by the CAIA Foundation, was established in collaboration with the 100 Women in Hedge Funds Institute and is underwritten by PAAMCO to support women seeking to earn the CAIA Charter, the benchmark in alternative investment education. Each scholarship covers enrollment and registration fees for CAIA Level I and Level II exams, the CAIA Knowledge Series textbooks, the Schweser CAIA Level I Premium Instruction Study Solution, and a one-year membership in the CAIA Association, a value of more than $5,000.
“At 100WHF, we strive to create opportunities to improve the alternative investment industry through professional leverage initiatives and educational programming,” said Mimi Drake, Chair of the 100WHF Association Board, and President of Permit Capital Advisors. “We are very excited to welcome these new scholars and look forward to watching them achieve greater professional success.”
Judy Posnikoff, a founding partner at independent alternative investment firm PAAMCO, added, “We are pleased to support the next group of extremely talented women in their journey to further develop their knowledge in the alternative investment industry through CAIA’s rigorous program.”
The scholarship program was established last year by 100WHF through the 100WHF Institute. 100WHF is a leading non-profit organization that seeks to enhance the alternatives industry through educational programming, professional leverage, and philanthropic initiatives.
“For the second year in a row, 100WHF and PAAMCO have demonstrated their commitment to broadening talent in the alternative investment industry through the CAIA Foundation scholarships,” said Thomas A. Porter, President of the CAIA Foundation. “We also want to recognize the continuing support of John Wiley & Sons, Inc., Kaplan Schweser, and Institutional Investor in helping these scholars achieve their goal of earning the CAIA Charter.” As publisher of the CAIA Knowledge Series, Wiley donates the books to the scholarship recipients.
The scholarship is open to individuals with an interest in pursuing a career in alternative investment management, with a specific focus on portfolio management. The program will award 10 scholarships each year through 2015.
To be considered for the 100WHF/CAIA Scholarship, applicants must be full members of 100WHF, not be eligible for program reimbursement by their employers, and have one year of professional experience in the alternative investment industry.
The 2012 100WHF/CAIA Scholarship recipients are as follows:
About 100 Women in Hedge Funds
About CAIA Association and CAIA Foundation