Cargando…
CAIA level II : advanced core topics in alternative investments /
Associationhas developed two examinations thatare used to certify Chartered Alternative Investment Analysts. TheLevel I curriculum builds a foundation in both traditional and alternative investment markets--for example, the range of statistics that are used to define investment performance as well a...
| Clasificación: | Libro Electrónico |
|---|---|
| Autor Corporativo: | |
| Otros Autores: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Hoboken, N.J. :
J. Wiley & Sons,
©2012.
|
| Edición: | 2nd ed. |
| Colección: | CAIA alternative investment analyst series.
|
| Temas: | |
| Acceso en línea: | Texto completo (Requiere registro previo con correo institucional) |
Tabla de Contenidos:
- Series; Title Page; Copyright; Preface; TEN YEARS OF CAIA AND ALTERNATIVE INVESTMENTS; THE HISTORY OF CAIA; BENEFITS OF THE CAIA PROGRAM; STUDYING FOR THE CAIA EXAMS; Acknowledgments; About the Authors; Chapter 1: Introduction; 1.1 OUTLINE OF THIS BOOK; 1.2 STUDYING FOR THE CAIA LEVEL II EXAMINATION; PART One: Asset Allocation and Portfolio Management; Chapter 2: The Endowment Model; 2.1 DEFINING ENDOWMENTS AND FOUNDATIONS; 2.2 INTERGENERATIONAL EQUITY, INFLATION, AND SPENDING CHALLENGES; 2.3 THE ENDOWMENT MODEL; 2.4 WHY MIGHT LARGE ENDOWMENTS OUTPERFORM?; 2.5 CONCLUSION
- Chapter 3: Risk Management for Endowment andFoundation Portfolios3.1 SPENDING RATES AND INFLATION; 3.2 LIQUIDITY ISSUES; 3.3 REBALANCING AND TACTICAL ASSET ALLOCATION; 3.4 TAIL RISK; 3.5 CONCLUSION; Chapter 4: Pension Fund Portfolio Management; 4.1 DEFINED BENEFIT PLANS; 4.2 GOVERNMENTAL SOCIAL SECURITY PLANS; 4.3 DEFINED CONTRIBUTION PLANS; PART Two: Private Equity; Chapter 5: Private Equity Market Landscape; 5.1 MAIN STRATEGIES; 5.2 MAIN DIFFERENCES BETWEEN VENTURE CAPITAL AND BUYOUT; 5.3 PRIVATE EQUITY FUNDS AS INTERMEDIARIES; 5.4 PRIVATE EQUITY FUNDS OF FUNDS AS INTERMEDIARIES
- 5.5 PRIVATE EQUITY FUNDS OF FUNDS VALUE-ADDED5.6 THE RELATIONSHIP LIFE CYCLE BETWEEN LIMITED AND GENERAL PARTNERS; 5.7 THE J-CURVE; 5.8 CONCLUSION; Chapter 6: Private Equity Fund Structure*; 6.1 KEY FEATURES; 6.2 CONFLICTS OF INTEREST; 6.3 FINDING THE BALANCE; Chapter 7: The Investment Process; 7.1 PROCESS DESCRIPTION; 7.2 RISK MANAGEMENT; Chapter 8: Private Equity Portfolio Design; 8.1 THREE APPROACHES TO PRIVATE EQUITY PORTFOLIODESIGN; 8.2 RISK-RETURN MANAGEMENT APPROACHES; 8.3 THE RISK PROFILE OF PRIVATE EQUITY ASSETS; Chapter 9: Fund Manager Selection Process
- 9.1 DETERMINATION OF THE WISH LIST OF FUNDCHARACTERISTICS9.2 DEAL SOURCING; 9.3 DUE DILIGENCE: IMPORTANCE AND LIMITATIONS; 9.4 DECISION AND COMMITMENT; Chapter 10: Measuring Performance and Benchmarking in the Private EquityWorld; 10.1 INDIVIDUAL FUNDS; 10.2 PORTFOLIO OF FUNDS; Chapter 11: Monitoring Private Equity FundInvestments; 11.1 APPROACH TO MONITORING; 11.2 THE MONITORING OBJECTIVES; 11.3 INFORMATION GATHERING IN THE MONITORINGPROCESS; 11.4 ACTIONS RESULTING FROM MONITORING; Chapter 12: Private Equity Fund Valuation; 12.1 NET ASSET VALUE (NAV); 12.2 INTERNAL RATE OF RETURN (IRR)
- 12.3 ECONOMIC VALUE APPROACHChapter 13: Private Equity Fund Discount Rates; 13.1 THE CAPITAL ASSET PRICING MODEL (CAPM); 13.2 PRIVATE EQUITY FUND BETAS; Chapter 14: The Management of Liquidity; 14.1 PRIVATE EQUITY CASH FLOW SCHEDULES; 14.2 SOURCES OF LIQUIDITY; 14.3 INVESTMENT STRATEGIES FOR UNDRAWN CAPITAL; 14.4 CASH FLOW PROJECTIONS; 14.5 OVERCOMMITMENT; 14.6 CONCLUSION; PART Three: Real Assets; Chapter 15: Real Estate as an Investment; 15.1 ATTRIBUTES OF REAL ESTATE; 15.2 ASSET ALLOCATION; 15.3 CATEGORIES OF REAL ESTATE; 15.4 RETURN DRIVERS OF REAL ESTATE