Alternative Investment Group Appoints Michael J. Tansley as Chief Financial Officer

SOUTHPORT, Conn., June 9, 2011 /PRNewswire/ -- Alternative Investment Group, a fund of hedged funds that invests primarily in long/short equity strategies, today announced the appointment of Michael J. Tansley as Chief Financial Officer, effective immediately.

Mr. Tansley will be based in Alternative Investment Group's Southport, CT office and will oversee the firm's accounting, audit, tax, internal controls, information management, and administrative operations.

"Michael has 25 years of experience working in the financial services industry and will provide exceptional vision and additional oversight to our existing financial controls," said David Storrs, Chief Executive Officer of Alternative Investment Group.  "We are very pleased to have Michael join our team."

Mr. Tansley joined Alternative Investment Group from JP Morgan Funds Management in New York, where he was Controller for the firm's mutual funds.  Prior to that, he held leadership roles at GE Money, a division of GE Capital, and GE Asset Management, and was Senior Manager at Price Waterhouse.  Mr. Tansley is a Chartered Accountant and received a BSc with honors in Aeronautical Engineering from Manchester University in Manchester, England.

Ellen Kanner, Partner and Chief Compliance Officer at Alternative Investment Group, who previously oversaw operations at the firm in addition to her compliance responsibilities, will exclusively focus her attention on compliance and regulatory matters going forward.

About Alternative Investment Group

Founded in 1996, Alternative Investment Group is an independent investment management firm headquartered in Southport, CT.  Partner-owned, the firm has a 15-year track record of investing with alternative asset managers in the U.S. and internationally.  For more information, please go to: www.altinv.com.

SOURCE Alternative Investment Group, LLC