It's a very special time for CARAIA. We have entered our fourth year as an Association, and I am honored and delighted to share in the commemoration.
On this occasion, I recall with gratitude the initiative of the pioneers of this noble organization that not only established the Caribbean's first dedicated alternative investment association but also created a shared vision. This vision is to develop CARAIA as a globally recognized organization that continually advances private capital-deepening, wealth creation, and economic growth.
The endeavours of our initial sponsors, such as the IDB Lab and the Development Bank of Jamaica, and the 16 founding member organizations have all earned the Association an enviable position in the region. We have
to-date managed to expand our membership to 25 organizations and professional service providers, thereby connecting with several Caribbean countries and extra-regional players.
I take this opportunity to give recognition to the Board of Directors for their invaluable guidance and direction. My appreciation for the contribution of all our members and staff must also be put on record. In addition, I acknowledge our prospective member organizations that continue to work towards increasing the value and impact of the alternative investment industry.
CARAIA must and will continue to play a leading role in bringing tangible improvements in the lives of our citizens through increased and diversified investment opportunities across various facets of the economic and social landscape. It is the right moment for us to renew our commitment to inculcating our core principles of innovation, best practices, professionalism, and integrity throughout the industry.
We take the opportunity to also remind our partners such as government organizations, private investors, professional service providers, and entrepreneurs, that you are key to our success at CARAIA. It is imperative that we work together to create an impact so that those who need us most can continue to place their faith and trust in us.
Thanks again for all your support as we work towards strengthening our resolve to transform our regional economies.
Chairman - Caribbean Alternative Investment Association