CAIA

Announcements CAIA in the News Press Releases Developed alongside industry leaders, HarbourVest Partners and I Squared Capital, the new CAIA.nxt™ Infrastructure Microcredential helps professionals evaluate opportunities across energy, transport, digital, and social infrastructure. AMHERST, MA, (June 1, 2026) – CAIA Association today announced the launch of its newest CAIA.nxt™ microcredential, Infrastructure, developed with support from HarbourVest Partners and I Squared Capital.

With over 13 years in Capital Markets, I had built a strong foundation through the CFA and FRM designations - rigorous frameworks for traditional markets and risk. But as I led increasingly complex engagements involving alternative asset platforms, a gap emerged. Alternative Investments operate under a different set of rules: illiquidity premiums, opaque valuation methodologies & complex fee structures. I didn't want a generalist's map for this terrain. I needed a specialist's blueprint.

Inside the 2026 CAIA Curriculum The 2026 CAIA Curriculum sets a bold new benchmark for ethics, equity, and innovation in portfolio management. From foundational principles to advanced crypto strategies, this is the knowledge today’s professionals need, not someday, but right now. What’s Inside? Key Takeaways: A Global Standard for Ethics, Built In The newly introduced CAIA Ethical Principles now underpin the entire curriculum, embedding integrity into decision-making at every level.

By Mila Sherman, PhD, Professor of Finance, Shhreya Anand, Jonathan Fula, Hurditya Lohia (students), and Alternatives Class Advisor: Kristen Walters (alumni) The 17 largest U.S. university endowments collectively grew from roughly $249 billion in FY2016 to $426 billion by FY2025, an increase of approximately 70-73% depending on rounding, driven by both investment performance and new gifts.

By Hilary Wiek, CAIA CFA, Principal Analyst, Fund Strategies, PitchBook Private markets are rapidly expanding into portfolios of investors previously excluded due to income or wealth restrictions. Asset managers, seeing a decline in institutional investors willing to grow commitments to private markets, are adapting — creating products with lower minimums, immediate investment ability, and periodic liquidity.

By Stylianos Kampakis PhD, CEO, Tesseract Academy In this CAIA mini-course, we introduce the work of Stylianos Kampakis PhD, CEO of Tesseract Academy, and member of the Quantum Finance Boardroom. Each installment of this series will present a new chapter in Dr. Kampakis’ work on real estate tokenization. Technology Platforms & Stack Choices You don’t have to build a tokenization system from scratch. By now, a variety of platforms and tools exist to help issuers tokenize assets and manage them.