On Tuesday, January 24, 2023, the Caribbean Alternative Investment Association (CARAIA), a not-for-profit regional organization based in Jamaica, held its third annual general meeting at the Jamaica Pegasus Hotel and online. With the rapid emergence of the Jamaican alternative investment market, CARAIA was established in 2019 through support from the Development Bank of Jamaica and the IDB Lab, under the Jamaica Venture Capital Programme.
An alternative investment includes private equity, private credit, venture capital, hedge fund, and other non-traditional financial assets. These investments are seen as critical to the…