LA JOLLA, Calif., Dec. 5, 2012 /PRNewswire/ -- Altegris, providers of premier alternative investments, has been named recipient of the First Annual Corporate Recognition Award from the Chartered Alternative Investment Analyst (CAIA) Association ®. The award recognizes Altegris' exceptional level of commitment over a sustained period of time in supporting its employees' pursuit of the CAIA designation, the benchmark of excellence for alternative investment education worldwide. It also serves to validate the continuing Altegris commitment to bridging the education gap to help advisors better understand the role that alternatives play in diversified portfolios and the strategies that can best benefit their clients. (Photo: http://photos.prnewswire.com/prnh/20121205/NY24376)(Logo: http://photos.prnewswire.com/prnh/20100301/NY61876LOGO ) Dick Pfister, Executive Vice President and Global Head of Sales and Consulting at Altegris and one of the industry's early pioneers in supporting CAIA, was one of 43 industry practitioners in CAIA's first class of 2002 who earned the CAIA charter designation. He also has the distinction of becoming the first CAIA member in 2002. "Altegris is deeply rooted in delivering the alternative investment strategies and educational resources that enhance the value of advisors to their clients," said Mr. Pfister who accepted the award on behalf of Altegris. "This award is a tremendous honor for Altegris and a validation of our ongoing commitment to educate and inform advisors about this dynamic asset class." "We have been an active supporter and advocate for the CAIA Association since its inception and are especially proud to celebrate a decade of collaboratively advancing advisor education and establishing best practices for the industry," said Jon Sundt, President and CEO of Altegris. The CAIA Association, with five regional offices and 15 affiliated chapters, is a global community of dedicated financial practitioners committed to excellence in alternative investment education. Since its founding in 2002, CAIA is now recognized as the most elite educational program for the alternative investment industry. More than 6,000 alternative investment professionals in 80 countries hold the CAIA Charter, the only educational standard uniquely designed for individuals specializing in institutional quality alternative investments and recognized as the most powerful distinction in alternative investing education.