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GEORGE TOWN, Cayman Islands -- The world's leading institutional investors, CEOs, economists and academics, including Sir Richard Branson, the founder of Virgin Group, will gather in the Cayman Islands November 1-2, 2012, to discuss and debate the crucial ingredients for sustaining a vibrant global alternative investment industry.

The key theme of the summit is 'Innovation in Alternative Investments: Seeing What's Next'.

This event will bring together industry professionals, and will feature a panel of speakers who will address the economic challenges that affect the alternative investment industry. Organised by Alternative Investment Research Ltd., the Cayman Alternative Investment Summit (Cayman AI Summit) will unite some of the greatest minds in the alternative investment industry.

With over 9,000 open-ended investment funds registered in the Cayman Islands, the Cayman AI Summit will connect the leading domicile of choice for offshore investment funds with the alternative investment industry's most influential leaders and will lead the development of a new narrative for the industry; on what it stands for and what it can deliver in the post-crisis world.

"I am excited to be in the Cayman Islands for the Cayman Alternative Investment Summit," said Branson, one of the keynote speakers for the Summit. "The event has a very impressive range of speakers from the alternative investment industry that will make for some very interesting discussions on the future of the industry."

"The Cayman Alternative Investment Summit is an opportunity for the industry's elite to take an introspective look at itself, seeing where the industry has been and predicting where it will go in the future," said Anthony Cowell, partner in alternative investments at KPMG in the Cayman Islands and editorial chair. "KPMG is proud to be at the centre of the event and looks forward to the stimulating and thought provoking debate, set against the backdrop of the domicile of choice for alternative investments."

Cayman managing partner for Mourant Ozannes, Neal Lomax said, "The launch of the Cayman Alternative Investment Summit is a significant milestone for the Cayman Islands. We are delighted to be a major sponsor of the Summit in its inaugural year and we are confident it will prove to be unparalleled in terms of the quality of its participants, content and organisation. Our commitment to the summit is reflective of Mourant Ozannes' continued confidence in the future of the Cayman Islands as one of the world's leading international financial centres."

Consistent with the commitment of the event's major sponsors to corporate citizenship and following Branson's philanthropic lead, the Cayman AI Summit charity is Virgin Unite -- the non-profit foundation of the Virgin Group. Virgin Unite's mission is to "connect people and entrepreneurial ideas to make change happen; to help revolutionize the way government, business and social sectors work together -- business as a force for good."

Working with Branson, it is expected that the Cayman AI Summit will contribute over US$150,000 to Virgin Unite.

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