sc13g
 

 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)
Alternative Asset Management Acquisition Corp.
 
(Name of Issuer)
Common Stock, par value $0.0001
 
(Title of Class of Securities)
02149U101
 
(Cusip Number)
August 13, 2007
 
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
      o Rule 13d-1(b)
 
      þ Rule 13d-1(c)
 
      o Rule 13d-1(d)
 
 

 

 

                     
CUSIP No.
  
02149U101 
 13G 

 

           
1   NAMES OF REPORTING PERSONS:
Fir Tree Value Master Fund, L.P.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):
  (a)   o
  (b)   o
     
3   SEC USE ONLY:
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION:
   
  Cayman Islands
       
  5   SOLE VOTING POWER:
     
NUMBER OF   0
       
SHARES 6   SHARED VOTING POWER:
BENEFICIALLY    
OWNED BY   3,347,134
       
EACH 7   SOLE DISPOSITIVE POWER:
REPORTING    
PERSON   0
       
WITH: 8   SHARED DISPOSITIVE POWER:
     
    3,347,134
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
   
  3,347,134
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):
   
  6.5%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):
   
  PN
*SEE INSTRUCTIONS BEFORE FILLING OUT

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CUSIP No.
  
02149U101 
 13G

 

           
1   NAMES OF REPORTING PERSONS:
Fir Tree Recovery Master Fund, L.P.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):
  (a)   o
  (b)   o
     
3   SEC USE ONLY:
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION:
   
  Cayman Islands
       
  5   SOLE VOTING POWER:
     
NUMBER OF   0
       
SHARES 6   SHARED VOTING POWER:
BENEFICIALLY    
OWNED BY   707,866
       
EACH 7   SOLE DISPOSITIVE POWER:
REPORTING    
PERSON   0
       
WITH: 8   SHARED DISPOSITIVE POWER:
     
    707,866
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
   
  707,866
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):
   
  1.4%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):
   
  PN
*SEE INSTRUCTIONS BEFORE FILLING OUT

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CUSIP No.
  
02149U101  
 13G

 

           
1   NAMES OF REPORTING PERSONS:
Fir Tree, Inc.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):
  (a)   o
  (b)   o
     
3   SEC USE ONLY:
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION:
   
  New York
       
  5   SOLE VOTING POWER:
     
NUMBER OF   0
       
SHARES 6   SHARED VOTING POWER:
BENEFICIALLY    
OWNED BY   4,055,000
       
EACH 7   SOLE DISPOSITIVE POWER:
REPORTING    
PERSON   0
       
WITH: 8   SHARED DISPOSITIVE POWER:
     
    4,055,000
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
   
  4,055,000
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):
   
  7.8%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):
   
  CO
*SEE INSTRUCTIONS BEFORE FILLING OUT

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SCHEDULE 13G
     This Schedule 13G (the “Schedule 13G”) is being filed on behalf of Fir Tree Value Master Fund, L.P., a Cayman Islands exempted limited partnership (“Fir Tree Value”), Fir Tree Recovery Master Fund, L.P., a Cayman Islands exempted limited partnership (“Fir Tree Recovery”) and Fir Tree, Inc., a New York corporation (“Fir Tree”), relating to common stock, par value $0.0001 (the “Common Stock”) of Alternative Asset Management Acquisition Corp., a Delaware corporation (the “Issuer”), purchased by Fir Tree Value and Fir Tree Recovery. Fir Tree is the investment manager of both Fir Tree Value and Fir Tree Recovery.
     
Item 1(a)
  Name of Issuer.
 
    
 
  Alternative Asset Management Acquisition Corp.
 
    
Item 1(b)
  Address of Issuer’s Principal Executive Offices.
 
    
 
  590 Madison Avenue, 35th Floor
New York, New York 10022
 
    
Item 2(a)
  Name of Person Filing.
Item 2(b)
  Address of Principal Business Office.
Item 2(c)
  Place of Organization.
 
    
 
  Fir Tree, Inc.
 
  505 Fifth Avenue
 
  23rd Floor
 
  New York, New York 10017
 
  A New York corporation
 
    
 
  Fir Tree Value Master Fund, L.P.
 
  c/o Admiral Administration Ltd.
 
  Admiral Financial Center, 5th Floor
 
  90 Fort Street, Box 32021 SMB
 
  Grand Cayman, Cayman Islands
 
  A Cayman Islands exempted limited partnership
 
    
 
  Fir Tree Recovery Master Fund, L.P.
 
  c/o Admiral Administration Ltd.
 
  Admiral Financial Center, 5th Floor
 
  90 Fort Street, Box 32021 SMB
 
  Grand Cayman, Cayman Islands
 
  A Cayman Islands exempted limited partnership
Fir Tree, Inc. is the investment manager for each of Fir Tree Value and Fir Tree Recovery and has been granted investment discretion over portfolio investments, including the Common Stock (as defined below), held by each of them.

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Item 2(d)   Title of Class of Securities.
 
        
    common stock, par value $0.0001 (the “Common Stock”)
 
        
Item 2(e)   CUSIP Number.
 
        
    02149U101
 
        
Item 3   Reporting Person.
 
        
    The person filing is not listed in Items 3(a) through 3(j).
 
        
Item 4   Ownership.
 
        
 
  (a)   Fir Tree Value and Fir Tree Recovery are the beneficial owners of 3,347,134 shares of Common Stock and 707,866 shares of Common Stock, respectively. Fir Tree may be deemed to beneficially own the shares of Common Stock held by Fir Tree Value and Fir Tree Recovery as a result of being the investment manager of Fir Tree Value and Fir Tree Recovery.
 
        
 
  (b)   Fir Tree Value and Fir Tree Recovery are the beneficial owners of 6.5% and 1.4%, respectively, of the outstanding shares of Common Stock. Collectively, the Reporting Persons beneficially own 4,055,000 shares of Common Stock which represent 7.8% of the shares of Common Stock outstanding. These percentages are determined by dividing the number of shares of Common Stock beneficially held by 51,750,000, the number of shares of Common Stock issued and outstanding according to the Issuer’s Form 8-K filed with the Securities and Exchange Commission on August 8, 2007.
 
        
 
  (c)   Fir Tree Value may direct the vote and disposition of 3,347,134 shares of Common Stock. Fir Tree Recovery may direct the vote and disposition of 707,866 shares of Common Stock. Fir Tree has been granted investment discretion over the Common Stock held by Fir Tree Value and Recovery.
 
        
Item 5   Ownership of Five Percent or Less of a Class.
 
        
    Inapplicable.
 
        
Item 6   Ownership of More Than Five Percent on Behalf of Another Person.
 
        
    Inapplicable.
 
        
Item 7   Identification and Classification of the Subsidiary which Acquired the Security Being Reported On by the Parent Holding Company.
 
        
    Inapplicable.

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Item 8   Identification and Classification of Members of the Group.
 
        
    Inapplicable.
 
        
Item 9   Notice of Dissolution of Group.
 
        
    Inapplicable.
 
        
Item 10   Certification.
 
        
    By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

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SIGNATURE
     After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
     Date: August 23, 2007
                 
    FIR TREE VALUE MASTER FUND, L.P.    
 
                
 
    By:   FIR TREE, INC., its Manager    
 
      By:   /s/ Jeffrey Tannenbaum
 
    
        Name: Jeffrey Tannenbaum    
        Title: President    
 
                
    FIR TREE RECOVERY MASTER FUND, L.P.    
 
                
    By:   FIR TREE, INC., its Manager    
 
                
 
      By:   /s/ Jeffrey Tannenbaum
 
    
        Name: Jeffrey Tannenbaum    
        Title: President    
             
    FIR TREE, INC.    
 
            
 
  By:   /s/ Jeffrey Tannenbaum
 
    
    Name: Jeffrey Tannenbaum    
    Title: President    

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