EXHIBIT 31.2

CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER PURSUANT TO
  RULES 13A-14(A) AND 15D-14(A) 
  UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS
  AMENDED

I, Paul D. Lapping, certify that:

|1. | I have reviewed this Annual Report
        on Form 10-K of Alternative Asset Management Acquisition Corp.;                                                                                                                                                                                                                                                             
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|2. | Based on my knowledge, this report
        does not contain any untrue statement of a material fact or omit to state
        a material fact necessary to make the statements made, in light of the
        circumstances under which such statements were made, not misleading with
        respect to the period covered by this report;                             
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|3. | Based on my knowledge, the financial
        statements, and other financial information included in this report, fairly
        present in all material respects the financial condition, results of operations
        and cash flows of the registrant as of, and for, the periods presented
        in this report;                                                
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|4. | The registrant's other certifying
        officer(s) and I are responsible for establishing and maintaining disclosure
        controls and procedures (as defined in Exchange Act Rules 13a-15(e) and
        15d-15(e)) and internal control over financial reporting (as defined in
        Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
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|   | d.                                                                                                                                                                                                                                                                                                                                                                     
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|5. | The registrant's other certifying
        officer(s) and I have disclosed, based on our most recent evaluation of
        internal control over financial reporting, to the registrant's auditors
        and the audit committee of the registrant's board of directors (or persons
        performing the equivalent functions):                                     
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|   | a.                                                                                                                                                                                                                                                                                                                                                                     
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|   | b.                                                                                                                                                                                                                                                                                                                                                                     

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|Date: March 16, 2009 | /s/ Paul D. Lapping
      
      Paul D. Lapping 
      Principal Financial Officer

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