Alternative Investment Group plans to keep on the same tack
Thu Feb 2, 2012
At a time of great uncertainty, many consultants see the 15-year old Alternative Investment Group as something of a ‘safe’ choice
By Claire Makin
Many funds of funds houses are responding to uncertain times by changing direction, but Alternative Investment Group has no such plans. Instead, the conservative Connecticut-based firm intends to go on doing what it has done for the past 15 years, only better. David Storrs, chief investment officer, sees “massive opportunities” opening up around the world, and believes the firm’s chosen niche, long/short equity investing, is the best way to profit from them.
This is not just optimistic talk. The firm recently plucked two former top executives from Cadogan Asset Management to join Alternative Investment Group, swelling the senior investment team to eight people.
To outsiders, this might look like an internal shake-up at the $1.5 billion firm. But Storrs maintains they are simply formalising processes, increasing accountability, and above all adding to the talent pool at Alternative Investment Group. The last thing they...
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