AIWMI AIM : Certified Alternative Investment Manager

  • Exam Code: AIM
  • Exam Name: Certified Alternative Investment Manager
  • Updated: Oct 25, 2026
  • Q & A: 0 Questions and Answers

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AIWMI AIM Exam Syllabus Topics:

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

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