Alger announced that the Alger Capital Appreciation Focus Strategy achieved its five-year performance record at the end of 2017.
Alger has launched the Alger 25 Fund, a focused portfolio of approximately 25 high-conviction stocks managed by Dr. Ankur Crawford.
Today, Alger announced that the Alger Capital Appreciation Focus Fund achieved its five-year performance record at the end of 2017.
Alger today announced notable developments, including a name change and new share class, in its suite of high conviction, focus portfolios.
Fred Alger Management, Inc. (“Alger”) is pleased to announce that Tina M. Payne has joined as Senior Vice President, General Counsel. Ms. Payne will oversee the legal and compliance departments at Alger. She will play a crucial role by providing counsel to various internal business units, executive management, and the Board of Trustees.
Alger Associates, Inc. (Alger), the parent company of Fred Alger Management, Inc., a leading asset management firm, today announced that it has agreed to acquire Boston-based Weatherbie Capital, LLC (and related companies, collectively “Weatherbie Capital”), a specialized growth equity manager with over $800 million in assets under management.
Dan Chung was featured in a recent article published by BusinessWire regarding his recent work with the Nature Conservancy. The article highlights the Nature Conservancy’s completion of an $8 million private philanthropy commitment toward the creation of the $42 million Caribbean Biodiversity Fund, and endowment supporting the protection and management of 21 million acres of coastal and marine areas. To help the Conservancy fulfill its $8 million commitment toward the Caribbean Biodiversity Fund, Dan created the “Chung Challenge for the Caribbean.”
Alger announced the addition of two experienced retirement industry professionals.