CAIA Association adds to board of directors

The Chartered Alternative Investment Analyst (CAIA) Association, the professional body for the global alternative investment industry, has appointed Graeme Griffiths, Chief Operating Officer with the Principles for Responsible Investment (PRI), to its Board of Directors.

The PRI is the world’s leading proponent of responsible investment. An independent organisation supported by the United Nations, the PRI encourages investors to use responsible investment to enhance returns and manage risks and has so far gathered more than 3,000 signatories around the world with more than USD100 trillion in assets under management.

“We are at a very interesting inflection point in our capital markets. Investors of all sizes are looking to have their assets deployed and managed with greater stewardship as a core principle,” says Valerie Sill, CFA, CAIA Chair of the CAIA Board of Directors and CEO of Dupont Capital Management. “This edict will require patient capital which is a hallmark of the private markets, and the expertise that Graeme brings to our board is timely and essential.”

Sill adds that the principles of responsible investing, ESG approaches, and the impacts of climate change on our world and the alternative investment industry make up a large portion of the discussion contained in a recent report from CAIA, titled The Next Decade of Alternative Investments: From Adolescence to Responsible Citizenship.

“Responsible investing will truly be one of the factors that will have the greatest impact on what the alternative investment industry looks like a decade from now, and we welcome Graeme’s contributions to our ongoing mission,” adds Sill.

“Both the CAIA Association and PRI are powerful voices for education,” says Griffiths. “This is a particularly exciting time in the industry, as alternatives will play an increasingly important role in portfolios to help manage overall volatility and as a potentially attractive source of risk-adjusted returns. I am delighted to join the Board of CAIA, and look forward to contributing to the organisation’s agenda on topics including the tenets of responsible investing - which will be so important in guiding future generations of leaders in the alternative investment space.”

Griffiths, who is a CAIA Association Member, has been with the PRI since 2016. Over the course of his more than 35-year career in finance and investment, he has also held senior positions with Vontobel Asset Management, AB Bernstein, JP Morgan, KPMG and AS Watson Group.