AIWMI AIM : Certified Alternative Investment Manager

  • Exam Code: AIM
  • Exam Name: Certified Alternative Investment Manager
  • Updated: Sep 10, 2026
  • Q & A: 0 Questions and Answers

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AIWMI AIM Exam Syllabus Topics:

SectionObjectives
Private Equity- Private equity structures and lifecycle
  • 1. LBO and mezzanine financing
    • 2. Angel, venture, and growth capital
      • 3. Risk and return characteristics
        • 4. Distressed and special situations
          Risk Management & Performance Evaluation- Risk measurement frameworks
          • 1. Factor models and CAPM extensions
            • 2. VaR, Sharpe, Treynor, Jensen metrics
              Portfolio Management- Portfolio construction and optimization
              • 1. Modern portfolio theory
                • 2. Risk budgeting and asset allocation
                  Commodities and Managed Futures- Commodity markets
                  • 1. Managed futures and asset allocation
                    • 2. Futures investing strategies
                      Introduction to Alternative Investments- Overview of alternative investments
                      • 1. Industry trends
                        • 2. Role in strategic asset allocation
                          • 3. Due diligence fundamentals
                            Marketing, Sales & Due Diligence- Alternative investment distribution and analysis
                            • 1. Fund due diligence processes
                              • 2. Capital raising and sales models
                                Real Estate Investments- Real estate asset classes
                                • 1. Mortgage-backed securities
                                  • 2. Valuation and appraisal methods
                                    • 3. REITs and commercial real estate
                                      Hedge Funds- Hedge fund strategies and evaluation
                                      • 1. Risk management and due diligence
                                        • 2. Performance benchmarking
                                          Structured Products & Credit Derivatives- Structured finance instruments
                                          • 1. SPVs and structured product mechanics
                                            • 2. CDOs and credit derivatives

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