Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  INTEGRATED CORE STRATEGIES (US) LLC
2. Date of Event Requiring Statement (Month/Day/Year)
10/24/2008
3. Issuer Name and Ticker or Trading Symbol
Alternative Asset Management Acquisition Corp. [AMV]
(Last)
(First)
(Middle)
C/O MILLENNIUM MANAGEMENT LLC, 666 FIFTH AVENUE, 8TH FLOOR
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

NEW YORK, NY 10103-0899
6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 5,617,804 (1) (2) (3) (4)
D (1) (3) (4) (5)
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
INTEGRATED CORE STRATEGIES (US) LLC
C/O MILLENNIUM MANAGEMENT LLC
666 FIFTH AVENUE, 8TH FLOOR
NEW YORK, NY 10103-0899
    X    
MILLENNIUM MANAGEMENT LLC
666 FIFTH AVENUE, 8TH FLOOR
NEW YORK, NY 10103-0899
      May be deemed a group member.
ENGLANDER ISRAEL A
C/O MILLENNIUM MANAGEMENT, L.L.C.
666 FIFTH AVENUE, 8TH FLOOR
NEW YORK, NY 10103-0899
      May be deemed a group member.

Signatures

David Nolan, Co-President 10/31/2008
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) As of the date of this filing, Integrated Core Strategies (US) LLC, a Delaware limited liability company ("Integrated Core Strategies"), is the beneficial owner of 5,617,804 shares of common stock, par value $0.0001 per share ("Common Stock"), of Alternative Asset Management Acquisition Corp. (the "Issuer").
(2) As of the date of this filing, Integrated Core Strategies holds 3,908,600 warrants to purchase the Issuer's Common Stock at a price of $7.50 per share ("Warrants"), which are currently not exercisable. The Warrants will become exercisable on the later of the Issuer's completion of a business combination or November 1, 2008, provided that certain conditions are met. The Warrants will expire on July 31, 2012, or earlier upon redemption. As of the date of this filing, the Issuer has not announced the completion of a business combination.
(3) The shares of Common Stock and Warrants were acquired though an intercompany transfer between Millenco LLC, a Delaware limited liability company ("Millenco"), and Integrated Core Strategies, each of which is wholly-owned by the same entity.
(4) In certain cases, the Common Stock and Warrants are held as part of the Issuer's units, which consist of one share of Common Stock and one Warrant.
(5) Millennium Management LLC, a Delaware limited liability company ("Millennium Management"), is the general partner of Integrated Holdings Group LP, a Delaware limited partnership ("Integrated Holding Group"), which is the managing member of Integrated Core Strategies and consequently may be deemed to have shared voting control and investment discretion over securities owned by Integrated Core Strategies. Israel A. Englander ("Mr. Englander") is the managing member of Millennium Management. As a result, Mr. Englander may be deemed to have shared voting control and investment discretion over securities deemed to be beneficially owned by Millennium Management. The foregoing should not be construed in and of itself as an admission by Millennium Management or Mr. Englander as to beneficial ownership of the shares owned by Integrated Core Strategies.
 
Remarks:
INTEGRATED CORE STRATEGIES (US) LLC, By:  Integrated Holding Group LP, its managing member, By:  Millennium Management LLC, its general partner, By:  David Nolan, Co-President

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