Alger Press Release

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Alger Hires London-Based Head of European Sales

NEW YORK, September 5, 2018 – Alger Management, Ltd. is pleased to announce that Robert Gourlay has joined as Senior Vice President and Head of European Sales. Fred Alger Management, Inc. (together with its affiliates, “Alger”), is a leading growth equity asset management firm headquartered in New York City with more than $26 billion in assets under management. Mr. Gourlay, who will be based in London, will be responsible for strengthening and developing Alger’s relationships with private bank, multimanager, and institutional investors outside of the U.S. He joins Alger with more than 20 years of experience in institutional sales, previously serving four years at Advent Capital as a Managing Director and Head of Business Development EMEA, where he focused on a European client base. He also dedicated 10 years in sales to RWC Partners, building a network of clients and raising assets for vehicles in the UK, U.S., Europe, and Asia. Gourlay is a graduate of Radley College and completed Officer Training for the British Armed Forces at the Royal Military Academy Sandhurst, commissioned into The Queen’s Own Hussars. “Alger has experienced steady interest in our investment strategies and products from UK and European investors, making it a top priority for our team to strengthen our international footprint,” said Jim Tambone, Executive Vice President and Chief Distribution Officer at Alger. “We are confident that with Robert’s demonstrated history of business development, coupled with La Française’s deep understanding of international clientele, we will be in a position to best serve our global market of institutional and retail investor clients.” Alger has been a provider of asset management capabilities in Europe for over two decades and opened its London-based office in 2014. Non-U.S. investors can access Alger investment offerings through Alger SICAV, which includes The Alger American Asset Growth Fund, Alger Small Cap Focus Fund, Alger Emerging Markets Fund, and Alger Dynamic Opportunities Fund, a long/short hedged equity fund. In addition, clients can access Alger’s strategies through sub-advised and separate account mandates. Since 2015, Alger and La Française have partnered to distribute Alger SICAV sub-funds throughout Europe.

Alger SICAV, a Luxembourg UCITS vehicle, makes the funds available to non-U.S. investors in both U.S. dollar- denominated and hedged euro-denominated classes.

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