Organizers of the Cayman Alternative Investment Summit literally launched the theme of the conference, “Defying Gravity: the future of alternative investments in exceptional times,” by sending a weather balloon carrying an event invitation from Seven Mile Beach into near space.
The “CAIS in space” stunt was organized in conjunction with U.K. company Sent Into Space and involved attaching the CAIS invitation to a specially tailored meteorological balloon. The invitation then traveled over the island and out of the atmosphere to nearly 20 miles above sea level, before eventually bursting and returning to Earth, via parachute, nearly 31 miles off of Seven Mile Beach.
A video of the balloon’s journey, captured on a GoPro camera, is featured on the investment conference website.
The Cayman Alternative Investment Summit will take place at the Kimpton Seafire Resort + Spa.
Chris Duggan, director of the Cayman Alternative Investment Summit and vice president of community development for event sponsor Dart, said, “These are turbulent times for the alternatives industry and with our theme, we are looking to over 500 of the world’s leading thinkers and decision-makers from across the globe to come together and discuss the current threats, with the aim of identifying ways we can turn the challenges into opportunities.
”Under this year’s Defying Gravity theme, it will explore the impact of central bank policy, the opportunities in credit and infrastructure investing, and a discussion on how artificial intelligence and blockchain technology are changing investment operations. There will also be panels on how to improve client service and how to advance philanthropic efforts locally and internationally.
He added, “The Cayman Alternative Investment Summit gets bigger and better every year, so we knew we had to do something special to announce the theme of our next event. How better to announce a ‘defying gravity’ theme than by initiating Cayman’s first space launch?”