Event Profile

CAIA Australia Education Lunch with CAIA's Managing Director, Curriculum and Exams, Prof. Keith Black - Melbourne - Friday, 18th May, 2018

Date(s):
May 18, 2018
Note:
All times listed are in local time
Venue:
Future Fund Offices Melbourne
Level 42, 120 Collins Street
Melbourne, VIC 3000 
Fee(s):
Free Event
Description:
CAIA Australia Education Lunch
Opportunities in Private Credit Investing
 
We have the great pleasure of welcoming Prof. Keith Black, CAIA's Managing Director, Curriculum and Exams - and one of the Co-Authors of the recently published Alternative Investments: A Primer for Investment Professionals - on his return trip to Australia.
 
We hope you can join Prof. Black for a lively discussion as he walks through his most recent presentation on Opportunities in Private Credit Investing and shares more detail on his recently published book.Further, you'll have the opportunity to meet fellow CAIA Members, Candidates and industry professionals at this exclusive event.
 
Presentation Summary: Since 2008, credit has been harder to come by for many borrowers, as banks have backed away from many types of lending due to the stress tests and capital adequacy requirements imposed after the bank bailouts. As a result, the private credit market has exploded from $200 billion in AUM in 2008 to over $600 billion today as borrowers turn to non-bank lenders to meet their credit needs. The yield potential and risk factors of direct lending, mezzanine and distressed investments are discussed.

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Future Fund Offices Melbourne
Documents to share:
Keith Black
Organization: CAIA Association


Keith Black has over twenty-five years of financial market experience, serving approximately half of that time as an academic and half as a trader and consultant to institutional investors. He currently serves as Managing Director of Curriculum and Exams for the CAIA Association. During his most recent role at Ennis Knupp + Associates, Keith advised foundations, endowments and pension funds on their asset allocation and manager selection strategies in hedge funds, commodities, and managed futures. Prior experience includes commodities derivatives trading, stock options research and CBOE floor trading, and building quantitative stock selection models for mutual funds and hedge funds. Dr. Black previously served as an assistant professor and senior lecturer at the Illinois Institute of Technology. He contributes regularly to The CFA Digest, and has published in The Journal of Wealth Management, The Journal of Trading, The Journal of Investing, and The Journal of Alternative Investments, among others. He is the author of the book “Managing a Hedge Fund,” as well as the co-author of the 2012 and 2015/2016 second and third editions of the CAIA Level I and Level II textbooks. Dr. Black was named to the Institutional Investor magazine’s list of “Rising Stars of Hedge Funds” in 2010. Dr. Black earned a BA from Whittier College, an MBA for Carnegie Mellon University, and a PhD from the Illinois Institute of Technology. He has earned the Chartered Financial Analyst (CFA) designation and was a member of the inaugural class of the Chartered Alternative Investment Analyst (CAIA) candidates.