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Our History
Three Leaders.​
One Vision.

Since 1964

Investing in Positive Dynamic Change

During our 60-year history, we have had three leaders with one vision: maintaining the legacy and continuity of the Alger Investment Philosophy.


We strive to deliver consistently superior investment results for our clients. Investment management is our only business. We believe our independence enables us to remain true to our investment beliefs.


​Fred Alger launched our firm in 1964 with a research-intensive strategy that would eventually be known as growth investing. Since then, our time-tested strategy has withstood the stagflation of the 70s, the market decline in 1987 called "Black Monday," the tech bubble collapse in 2000 and more recently the subprime mortgage crisis. By adhering to our disciplined investment process, we have generated returns that have been recognized by national publications, industry researchers and, most importantly, our clients.



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Dan Chung / Present-2001

Dan Chung is pas​sionate about preserving the legacy of Alger's disciplined and research​-driven principles.


Alger epitomizes growth investing. We have the right philosophy, the right integrated process and the right people in place.



2024

Alger Celebrates 60th Anniversary​

​Founded in 1964, Alger is recognized as a pioneer of growth-style investment management.​​

Alger 60th Logo

Alger Expands with Acquisition of Redwood Investments

​The acquisition of Redwood, an independent, majority woman-owned firm, will bring decades of investment experience managing international and U.S.-domestic portfolios to Alger. Redwood follows a fundamental, bottom-up stock selection process across its equity strategies, which is complementary to Alger’s existing investment approach and research process within its U.S. and global portfolios.

​​Alger Expands International Growth Equity Expertise with Acquisition of Redwood Investments Graphic

2023

CEO Dan Chung Wins Luminaries Award for Community Impact​​​

This award, which is offered through Think Advisor/Investment Advisor Magazine, recognizes individuals who have led significant charitable programs within their communities that have demonstrable impact with (replicable) results.​​​​

Learn More About Dan Chung
​​ Learn About Alger's Charitable Giving
CEO Dan Chung Wins Luminaries Award

2022

Amy Zhang Named to Forbes 50 Over 50 List

​Portfolio Manager Amy was included in the Money section with 49 other successful female investors, in recognition for her efforts managing Alger Small Cap Focus, Small Cap Growth, and Alger Mid Cap Focus strategies. Forbes also notes that Amy is committed to creating opportunities for Asian American women in professional fields.​​

Learn More About Amy Zhang​

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Ankur Crawford Wins “See It, Be It, Role Model” Award

Portfolio Manager Ankur Crawford was named a “See It, Be It, Role Model” by InvestmentNews as part of their Excellence in Diversity, Equity & Inclusion Awards! These awards honor individuals in the finance industry who have worked to create a more diverse industry. The “See it, Be it Role Models” are individuals in the business who exemplify success and can inspire others from diverse backgrounds to embrace the profession.​​​​

Learn More About Ankur C​rawford

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Dan Chung & His Alger Colleagues Receive Brooklyn Without Borders Medal

​The Brooklyn Without Borders Medal recognizes individuals and organizations that have endeavored to improve the human condition through humanitarian efforts and have demonstrated a tireless service to communities in and beyond Brooklyn.​​​​

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Alger Moves Office to Financial District

​The firm made its return to the Wall Street area.

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2021

Gramercy Institute's 2021 Content​ Market Program Award

​Alger won the Gramercy Institute's​ 2021 Content Market Program Award for B2B marketing, having tied for the distinction with Janus.​​

​​Gramercy Award 2021 2021 FInancial Content Marketing Award Logo

Fund Intelligence's Mutual Fund Industry Award

​Alger won the Fund Intelligence's Mutual Fund Industry Award for best "Sales and Marketing Excellence Through the COVID-19 Pandemic (small firms)."​

​​Award graphic for the Fund Intelligence 2021 Sales and Marketing Excellence Award

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HFM US Performance Awards

​For the second year in a row, HFM designated Dynamic Opportunities the Best 40 Act Fund at the HFM US Performance Awards.​​

​​Award graphic for the HFM US Performance 2021 Award

Two Female Portfolio Managers Honored by Women in Asset Management​

​ Portfolio Managers Amy Zhang and Ankur Crawford were both nominated for Women in Asset Management's Active US Equity Manager of the Year award, with Amy Zhang winning the distinction. Both Amy and Ankur are dedicated to supporting other women and minority groups in financial services.​


Image of two portfolio managers Ankur Crawford and Amy Zhang

Alger Launches its First Exchange Traded Funds​​

​The Alger Mid Cap 40 ETF and Alger 35 ETF both enable investors access to our investing prowess in a new way that may suit them.

Learn More About Alger ETFs​

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2020

Alger Recognizes Nurses from the Brooklyn Hospital Center​

​In 2020, amidst the COVID-19 pandemic, employees at Alger sought to pay tribute to the nurse managers at The Brooklyn Hospital Center.​​​​

View the Press Release and Video “A Partnership in Healing”​​​

Dynamic Opportunities Wins the HFM Award​



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View Overview and Performance

Award graphic for HFM US Performance Awards 2020

Alger Wins Fund Intelligence Award Content Marketing Strategy of the Year

​ Recognizing outstanding business leaders, the best creative minds and the top performers across U.S. asset management, Fund Intelligence identified Alger as the leading content strategist within the industry.​​

​​Award graphic for the Fund Intelligence Mutual Fund Industry and ETF Virtual Awards 2020

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Alger Achieves Carbon Neutral Status

​After conducting a comprehensive assessment of its carbon footprint and developing a holistic understanding of the firm's impact on carbon output, Alger achieved carbon neutral status, confirming our long-term commitment to conservation and climate action.​​

Learn More About Alger and Our Commitment to Sustainability 

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2019

Alger Launches High-Conviction Mid Cap Focus Fund

​ Alger announced the expansion of its suite of focused portfolios with the launch of the Alger Mid Cap Focus Fund.

Learn About the Alger Mid Cap Focus Fund ​ ​
​​​Screenshot of the Mid Cap Focus Fund product page
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Alger Chief Executive Officer Dan Chung Celebrates 25 Years With Alger

Learn More About Dan Chung​

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2018

Money Management Executive Recognizes Portfolio Manager Ankur Crawford as a Top Woman in Asset Management Honoree

Learn More About Ankur C​rawford

FinancialPlanning Screenshot "Winners of the Top Women in Asset Management Awards announced

Money Management Executive Names Portfolio Manager Amy Zhang Top Woman in Asset Management

Learn More About Amy Zhang​

2017

Alger Acquires Weatherbie Capital

​ Alger expands its growth equity expertise with the acquisition of Boston-based Weatherbie Capital, LLC. Weatherbie invests in U.S. small and mid cap companies poised for growth.

Read the Press Release ​ ​
Learn More About Weatherbie Capital ​ ​

​​Weatherbie Capital logo​​

2015

Portfolio Manager Patrick Kelly Profiled in Barron's Article

​ Portfolio Manager Patrick Kelly shared his views on Alger's process, his outlook on the U.S. markets and his thoughts on the portfolios.

Read Here​​

​​Barron's reprint "Ahead of the Game" featuring Patrick Kelly

Alger Launched the Small Cap Focus Strategy, Led by Seasoned Portfolio Manager Amy Zhang, CFA

​ The Small Cap Focus Strategy primarily invests in a focused portfolio of approximately 50 growth equity securities of U.S. small cap companies identified through our fundamental research as demonstrating promising growth potential.

Learn More About the Small Cap Focus Strategy
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Alger Becomes a Signatory to PRI

​Alger is a signatory to the PRI. We are committed to the six Principles for Responsible Investment and integrate these values into our investment and decision-making processes.

Learn More About Alger and Our Commitment to Sustainability​​

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2014

Alger Opens London Office​

​The office was opened to further expand global asset management operations​.​
Contact Us to Learn More​​

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2012

Alger Dedicates Office to Those We Lost on 9/11

​ ​Alger dedicated its office to the memory of Alger employees lost on 9/11. Mayor Michael B​loomberg attended the dedication ceremony.

​​Photo of Dan and Mayor Michael Bloomberg at Alger Office

Alger Focus Equity Strategy

​ ​Alger launched its first focused portfolio, which was built with our analysts' best and highest conviction ideas.

View Performance

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2011

Forbes

​Alger featured in the Forbes article "The Delicate Art of Buying Growth."​
Read Here​​​

Dan Chung Featured on Forbes Article​​

2009

Barron's

​ ​Dan Chung featured in Barron's article "This Bull Isn't Done."

Read the Article

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Alger Dynamic Opportunities Fund Launches

​ ​The fund provides alternative investment opportunities in the form of a mutual fund.

Learn More

Screenshot of Alger Dynamic Opportunities Fund Product Page


2008

Barron’s

​ ​Alger named among America's Best Fund Managers by Barron's. Alger's Capital Appreciation and Spectra strategies were featured.

Read Here


Barron's article "America's Best Fund Managers" Front Page

Alger Introduces Long/Short Strategy

The Alger Dynamic Return Strategy, the firm’s first long/short strategy, launches​​.​

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2007

Alger's Candlelight Giving Program is Created

​ The Alger Candlelight Giving Committee is an employee-supported program with the mission of giving back to the community and those less fortunate. Our employees proudly support numerous charities and non-profit organizations through donations and active volunteering.​​

Learn More

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Corazon de Oro Award

​ ​Dan Chung received the Corazon de Oro Award from Fabretto Children's Foundation.

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2006

CNBC

​ ​Dan Chung on CNBC: A Firm Reborn.

Watch Here ​​

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New CEO Announced

​ ​Dan Chung named Chief Executive Officer.

Learn More About Dan Chung​

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2001

Investor's Business Daily

​ Alger featured in Investor's Business Daily "Alger Rallies After 9/11 Attack."

Read Here


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Barron's

​ Dan Chung featured in Barron's "Super Talents: Lifting the Masks off Some Unsung Heroes."

Read Here


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Book Feature

​ Dan Chung featured in book "Investing with Young Guns."

Read Here
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New CIO Announced

​ ​Dan Chung named Chief Investment Officer.​

Learn More About Dan Chung​ ​​


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David Alger / 2001-1995

David Alger established a more formal, hands-on management style at Alger.


I believe in a high level of interaction in terms of walking around and seeing what people are doing and encouraging them.




2001

9/11 and Aftermath

​ In an unprecedented attack on 9/11/2001, Alger lost 35 employees working at its World Trade Center headquarters. In the weeks and months following the tragedy, Fred Alger and other alumni returned to help rebuild the firm in honor of those lost.

Learn More About Alger Colleagues Lost on 911
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​​Candle mural for 9/11

Fred Alger on CNBC

​​Fred Alger appeared on CNBC and discussed David Alger and other employees lost on 9/11 as well as the rebuilding of the firm.

View Video
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David Alger on CNBC

​ ​David Alger and eBay CEO Meg Whitman discussed the online auction company on CNBC.

Watch Here
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2000

SmartMoney Article​

​ ​"On Top Of the World" focused on David Alger.

Read Here

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Barron's

​ ​Fred Alger named to Barron's "All Century Team."

Read Here

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1999

"One Way Up Wall Street: The Fred Alger Story" is published.

Read Here
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USA Today

​ ​​David Alger listed in USA Today's "Fund Managers of the Decade."

R​ead Here

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Barron’s

​ ​Barron's interview with David Alger: "Still Raging."

Read Here
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1998

Firm Moves to World Trade Center

​ As a result of rapid expansion and a need for ​large office ​accommodations, the firm moved to New York's World Trade Center. Assets under management exceed $10 billion.

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1997

Fortune Magazine

​ ​Fortune Magazine Retirement Guide: "If It Moves, Get on It." David Alger discusses the Spectra Fund.

Read Here

If it moves, get on it, Fortune Magazine cover with David Alger

Worth​

​​David Alger featured in Worth magazine article "The Top Five Most Aggressive Fund Managers."

Read Here
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Worth Magazine Cover

1996

Alger Launches SICAV Fund

​ ​Alger launches a SICAV fund to broaden its investor base and reach international investors, and establishes a suite of international products that still exists today.


​View Alger's International Products​​​​



1995

SmartMoney's Fund Watch Section Publishes Article "The Hot Hand at Alger"

​ ​"David Alger accounts for four of the ten best-performing funds this year. No other fund family or manager comes close."​

Read Here
​​

The Hot Hand at Alger article from Fundwatch

David Alger Becomes Chief Investment Officer and President

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Fred Alger / 1994-1964

Fred Alger founded the firm in 1964.


In anything that I do, I want to compete at the very highest level within my ability.




1994

Dan Chung Joins Alger

​He eventually becomes Chief Executive Officer, Chief Investment Officer and Portfolio Manager of various strategies, which are positions he currently holds.

​View Dan C​hung's​ Bio

​​

1991

David Publishes Book

​David Alger publishes "Raging Bull: How to Invest in the Growth Stocks of the '90s."​

Learn More
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1974

Spectra Fund Launches

​ Alger begins managing the flagship Spectra Fund.

​View Performance

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1971

David Alger Joins Firm

​ David adopted his brother's ideas and built them into his own principles.

David and Fred Alger Standing Together

Fred Discusses the Firm in an Early Promotion

​ Early promotional film of Fred Alger at the firm's headquarters at 26 Broadway in downtown Manhattan. Fred introduces several of his employees including Alger's first full-time employee, Bill Scheerer, as well as David Alger. The firm had fewer than ten employees at the time.

​Watch Here

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1968

Fred Discusses the Firm in an Early Promotion

​Fred discusses his role as a portfolio manager:​​ “I think I have an ability to assemble diverse bits of information in a different, possibly creative way to see value where others haven't seen it.”

​Watch Here

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The Institutional Investor

​ ​Fred Alger featured on the cover of Institutional Investor.

Read Here


Institutional Investor Cover With Fred Alger



1964

Fred Alger Starts His Eponymous Firm in Downtown New York with $3,000

​ ​One employee.

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