Alternative Investment Group Services, L.P. (Southport)


Alternative Investment Group Services, L.P. is a large advisory firm based in Southport. It manages $886.7 million of regulatory assets for 12 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdiction of Connecticut.

Alternative Investment Group Services provides portfolio management for pooled investment vehicles and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Alternative Investment Group Services: assets under management

The assets under management (AUM) of Alternative Investment Group Services, L.P. is $886.7 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -16% since the beginning of its operation, and $261.67 million of the total AUM is attributable to clients outside of the United States.

The firm manages $886.7 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $73.89 million each.
Alternative Investment Group Services has custody of $886.7 million in cash and securities for 12 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Alternative Investment Group Services, L.P. for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Alternative Investment Group Services serves?

The firm provides services to other investment advisers and pooled investment vehicles. The largest group of clients of Alternative Investment Group Services is pooled investment vehicles with 12 clients and $886.7 million of assets under management. Among the 10 most similar advisory firms, Alternative Investment Group Services has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $886.7 million for 13 clients. 50% of the firm’s clients are foreign persons or businesses.

Alternative Investment Group Services also advises several private funds. Namely, seven hedge funds and one private equity fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Alternative Investment Group Services, L.P.

The company employs 22 people that are either part- or full-time employees. 55 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
L.L.C. Storrs Greenfield Partners General partner 1 Nov 1996 Other 06-1460663
David Kingsbury Storrs Limited partner 1 Nov 1996 Other 1795584
Greenfield Family Limited Partnership Limited partner 1 Nov 1996 25% - 50% 06-6433979
Storrs Family Grat Trust Limited partner 1 Oct 1999 Other 13-7462244
David K. Storrs 1999 Grat Limited partner 1 Oct 1999 25% - 50% 06-6505589
Ellen Kanner Limited partner / chief compliance officer 1 May 2002 Other 4775107
Maria Luisa C Tapia Limited partner 1 May 2002 Other 1088497
Ellen Gabrielle Kanner Limited partner / chief compliance officer 1 May 2002 Other 4775107
Marita Anne Wein Limited partner 1 Feb 2003 Other 1308639
Richard Cheung Limited partner 1 Jan 2010 Other 2508819
Richard Nmn Cheung Limited partner 1 Jan 2010 Other 2508819
Christopher Ayton Limited partner 1 Jan 2011 Other 6472783
Christopher Earle Ayton Limited partner 1 Jan 2011 Other 6472783
Michael James Tansley Chief financial officer 1 Jun 2011 Other 6047858
Greenfield Avocet Llc Limited partner 1 Dec 2012 Other 80-0850107
Samuel Lawrence Sussman Limited partner 1 Jul 2013 Other 2660213
Joel Lloyd Gantcher Limited partner 1 Jul 2013 Other 2085410
Michael James Tansley Limited partner / chief operating officer 1 Jul 2014 Other 6047858
Rodney Bristol Berens Limited partner 1 Jan 2019 Other 18879

Indirect Owners

The SEC currently registers 16 indirect owners.

Name Entity Date acquired Ownership Employer ID
Joanna Zahava Greenfield Limited partner 1 Nov 1996 25% - 50% 4379961
Stewart H Greenfield General partner 1 Nov 1996 Other 2676365
Constance Greenfield General partner 1 Nov 1996 Other 4379959
Matthew Adlai Greenfield Limited partner 1 Nov 1996 25% - 50% 1609717
Landon Thorn Storrs Trustee 1 Oct 1999 Other 4380838
Belinda J. Shepard Trustee 1 Oct 1999 25% - 50% 4380848
Diane Warren Trustee 1 Jun 2005 Other 5122482
Virginia Akabane Trustee 1 Jul 2005 Other 5122450
Cynthia Obuch Trustee 1 Jul 2005 Other 5122477
Joseph Palsa Trustee 1 Jun 2009 Other 5774389
Joseph Andrew Palsa Trustee 1 Jun 2009 Other 5774389
Stewart H Greenfield Manager and member 1 Dec 2012 Other 2676365
David Kingsbury Storrs Manager 1 Dec 2012 Other 1795584
Matthew Adlai Greenfield Manager and member 1 Dec 2012 25% - 50% 1609717
Joanna Zahava Greenfield Member 1 Dec 2012 25% - 50% 4379961
Stewart Harold Greenfield Manager and member 1 Dec 2012 Other 2676365

Based in Southport

The principal office where Alternative Investment Group Services, L.P. performs its advisory services is located at 2960 Post Road, Southport, CT 06890, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 203-256-9326 or by fax 203-255-3718. The normal business hours are 9:00 a.m - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at altinv.com/.