-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 Lr6qRtKzqiEmKQ79EKUC4A==

<SEC-DOCUMENT>0001011548-10-000003.txt : 20100818
<SEC-HEADER>0001011548-10-000003.hdr.sgml : 20100818
<ACCEPTANCE-DATETIME>20100818162231
ACCESSION NUMBER:		0001011548-10-000003
CONFORMED SUBMISSION TYPE:	D
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
ITEM INFORMATION:		Investment Company Act Section 3(c)
ITEM INFORMATION:		Section 3(c)(1)
FILED AS OF DATE:		20100818
DATE AS OF CHANGE:		20100818
EFFECTIVENESS DATE:		20100818

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PITCAIRN ALTERNATIVE INVESTMENT FUND L P
		CENTRAL INDEX KEY:			0001011548
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		D
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-146634
		FILM NUMBER:		101025867

	BUSINESS ADDRESS:	
		STREET 1:		ONE PITCAIRN PLACE, SUITE 3000
		STREET 2:		165 TOWNSHIP LINE ROAD
		CITY:			JENKINTOWN
		STATE:			PA
		ZIP:			19046
		BUSINESS PHONE:		215.887.6700

	MAIL ADDRESS:	
		STREET 1:		ONE PITCAIRN PLACE, SUITE 3000
		STREET 2:		165 TOWNSHIP LINE ROAD
		CITY:			JENKINTOWN
		STATE:			PA
		ZIP:			19046
</SEC-HEADER>
<DOCUMENT>
<TYPE>D
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0704</schemaVersion>

    <submissionType>D</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001011548</cik>
        <entityName>PITCAIRN ALTERNATIVE INVESTMENT FUND L P</entityName>
        <issuerAddress>
            <street1>ONE PITCAIRN PLACE, SUITE 3000</street1>
            <street2>165 TOWNSHIP LINE ROAD</street2>
            <city>JENKINTOWN</city>
            <stateOrCountry>PA</stateOrCountry>
            <stateOrCountryDescription>PENNSYLVANIA</stateOrCountryDescription>
            <zipCode>19046</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>215.887.6700</issuerPhoneNumber>
        <jurisdictionOfInc>DELAWARE</jurisdictionOfInc>
        <issuerPreviousNameList>
            <value>None</value>
        </issuerPreviousNameList>
        <edgarPreviousNameList>
            <value>None</value>
        </edgarPreviousNameList>
        <entityType>Limited Partnership</entityType>
        <yearOfInc>
            <overFiveYears>true</overFiveYears>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Dirk</firstName>
                <lastName>Junge</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>One Pitcairn Place, Suite 3000</street1>
                <street2>165 Township Line Road</street2>
                <city>Jenkintown</city>
                <stateOrCountry>PA</stateOrCountry>
                <stateOrCountryDescription>PENNSYLVANIA</stateOrCountryDescription>
                <zipCode>19046</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Executive Officer/Director of General Partner</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Leslie</firstName>
                <middleName>C.</middleName>
                <lastName>Voth</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>One Pitcairn Place, Suite 3000</street1>
                <street2>165 Township Line Road</street2>
                <city>Jenkintown</city>
                <stateOrCountry>PA</stateOrCountry>
                <stateOrCountryDescription>PENNSYLVANIA</stateOrCountryDescription>
                <zipCode>19046</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Executive Officer/Director of General Partner</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Lawrence</firstName>
                <middleName>R.</middleName>
                <lastName>Bardfeld</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>One Pitcairn Place, Suite 3000</street1>
                <street2>165 Township Line Road</street2>
                <city>Jenkintown</city>
                <stateOrCountry>PA</stateOrCountry>
                <stateOrCountryDescription>PENNSYLVANIA</stateOrCountryDescription>
                <zipCode>19046</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Executive Officer of General Partner</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>William</firstName>
                <middleName>C.</middleName>
                <lastName>McCormick</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>One Pitcairn Place, Suite 3000</street1>
                <street2>165 Township Line Road</street2>
                <city>Jenkintown</city>
                <stateOrCountry>PA</stateOrCountry>
                <stateOrCountryDescription>PENNSYLVANIA</stateOrCountryDescription>
                <zipCode>19046</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Executive Officer of General Partner</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Harold</firstName>
                <middleName>F.</middleName>
                <lastName>Pitcairn, II</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>One Pitcairn Place, Suite 3000</street1>
                <street2>165 Township Line Road</street2>
                <city>Jenkintown</city>
                <stateOrCountry>PA</stateOrCountry>
                <stateOrCountryDescription>PENNSYLVANIA</stateOrCountryDescription>
                <zipCode>19046</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Executive Officer of General Partner</relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Pooled Investment Fund</industryGroupType>
            <investmentFundInfo>
                <investmentFundType>Private Equity Fund</investmentFundType>
                <is40Act>false</is40Act>
            </investmentFundInfo>
        </industryGroup>
        <issuerSize>
            <revenueRange>Decline to Disclose</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
            <item>3C</item>
            <item>3C.1</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>1996-03-29</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>true</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isEquityType>true</isEquityType>
            <isPooledInvestmentFundType>true</isPooledInvestmentFundType>
            <isOtherType>true</isOtherType>
            <descriptionOfOtherType>limited partnership interests</descriptionOfOtherType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>0</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>Indefinite</totalOfferingAmount>
            <totalAmountSold>20960204</totalAmountSold>
            <totalRemaining>Indefinite</totalRemaining>
            <clarificationOfResponse></clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>true</hasNonAccreditedInvestors>
            <numberNonAccreditedInvestors>35</numberNonAccreditedInvestors>
            <totalNumberAlreadyInvested>73</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse></clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>PITCAIRN ALTERNATIVE INVESTMENT FUND L P</issuerName>
                <signatureName>/S/ Lawrence R. Bardfeld</signatureName>
                <nameOfSigner>Lawrence R. Bardfeld</nameOfSigner>
                <signatureTitle>Executive Officer of General Partner</signatureTitle>
                <signatureDate>2010-08-18</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----