Opalesque Industry Update: Alternative Investment Group, a $1.6 billion alternative investment management firm that invests globally in long/short equity and event-driven strategies, today announced the appointment of Sanford Brown as Managing Director of Business Development.|
In his new position, Mr. Brown will be responsible for developing relationships with institutional consultants, wealth advisors and end investors, including endowments, foundations, pension plans and family offices.
“Sanford is a terrific addition to our team. His investor relations expertise will help Alternative Investment Group better serve our investors and pursue our goal of measured growth,” said David Storrs, President and Chief Executive Officer of Alternative Investment Group.
Mr. Brown said, “I’m delighted to be joining Alternative Investment Group. I have tremendous respect for the firm’s investment philosophy, approach and solid track record. I’m excited to collaborate with the team at such an important point in its development efforts.”
Mr. Brown, whose appointment is effective July 30, previously was a Director of Sales and Marketing at Larch Lane Advisors, an affiliate of Old Mutual Asset Management. Prior to that, he was the Director of Alternative Investments for Old Mutual Asset Management. He also previously oversaw U.S. hedge fund distribution at Deutsche Bank and Global Asset Management (GAM). Mr. Brown holds a B.A. in English from the University of Vermont.