CARAIA to kick off virtual roadshow in T&T

…as association seeks to boost regional membership

Trinidad and Tobago will be the first of many stops in the Caribbean Alternative Investment Association’s (CARAIA) virtual roadshows, which kicks off with a webinar on October 23, 2020, at 10 am.

Through the series of virtual roadshows, CARAIA will be seeking to increase its membership in the twin-island republic, and the wider Caribbean, while aiming to build an integrated, sustainable alternative investment ecosystem within the Caribbean.

“CARAIA’s mission is to increase potential for local and cross-country business growth, accelerating learning of industry best practices and raise the profile of the region in promoting alternative investments. The association will become the voice that speaks collectively on behalf of its members, thereby placing the Caribbean more effectively on the world’s alternative investments stage,” Chairman of CARAI Christopher Williams shared.

Chairman of Caribbean Alternative Investments Association Chris Williams (File photo)

Introducing CARAIA

A non-profit organisation, CARAI was established by the Development Bank of Jamaica through its Jamaica Venture Capital Programme (JVCAPITAL).

For this first webinar, the umbrella organisation will be sharing more on its history, plans, levels of membership, and what benefits it offers to the Caribbean.

(Photo: Facebook @TheDevelopmentBankOfJamaica)

Martin Vogt, chairman of CARAIA’s membership committee, will moderate a discusision that includes Williams; Angus Young, CEO, NCB Global Finance; Kevin Valley, a chartered business valuator at Aspire Fund Management; and Audrey Richards, project coordinator for JVCAPITAL.

During the discussion, viewers will have the opportunity to pose questions in order to learn more about CARAIA and the region’s private capital ecosystem.

Of significant note, the organisers of the webinar, expect it will attract the interests of Caribbean investors, fund managers, policymakers, start-ups, and other stakeholders in the financial markets.

Increasing visibility

According to Richards, “By coming together under one representative body, we can work to build a strong, highly integrated alternative investment ecosystem that serves the entire Caribbean.”

Project coordinator for the Jamaica Venture Capital Programme Audrey Richards (right) gestures while speaking at a launch event for the Development Bank of Jamaica. Looking on are businessman and former chairman of the DBJ Joseph Matalon and Therese Turner-Jones, general manager of the Country Department Caribbean Group at the Inter-American Development Bank. (File photo)

“Together we can amplify our voices, lobby for policies that fuel the development of the sector, and increase our visibility in the global investment landscape,” she continued.

While noting how “disconcerting” it is when the Caribbean is misrepresented or underrepresented on the global investment map, Richards encouraged, “We need to make the world know that things are happening in the Caribbean.”