Alger Further Strengthens Institutional Team with Key Hire - CBS 3 Springfield - WSHM

Alger Further Strengthens Institutional Team with Key Hire

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SOURCE: Alger

Fred Alger Management, Inc. (Alger), a leading asset management firm, today announced that Meredith Genova Nicolaescu has joined as Vice President, Institutional Sales and Service.

(PRWEB) February 27, 2013

Fred Alger Management, Inc. (Alger), a leading asset management firm, today announced that Meredith Genova Nicolaescu has joined as Vice President, Institutional Sales and Service.

Meredith joins Alger from Stux Capital Management, where she was responsible for securing new clients, servicing existing relationships, and producing marketing communications. Prior to Stux Capital, Meredith spent 12 years with AllianceBernstein in a variety of sales and marketing roles across the institutional, investment consultant, and sub-advisory marketplaces. Meredith has 14 years of experience and received her bachelor of arts in international studies from The College of William and Mary.

"We are thrilled to have Meredith join us given her in-depth institutional experience, and we look forward to her promoting Alger’s growth strategies in the market,” said Lori McEvoy, SVP, Head of Institutional Sales and Service. “With the addition of Meredith, we have 13 people dedicated to promoting our “Investing in Positive Dynamic Change” message to the institutional and consultant universe,” added Lori.

About Fred Alger Management, Inc.

Fred Alger Management, Inc. was founded in 1964 and as of December 31, 2012 managed more than $16 billion. Alger's investment philosophy is focused on discovering companies undergoing Positive Dynamic Change, which we believe offer the best investment opportunities. Alger investment strategies are available to institutional investors through separate accounts and mutual funds and to retail investors through Alger mutual funds. Fred Alger and Company, Incorporated, a broker dealer and the parent company of Fred Alger Management, Inc. offers mutual funds as well as institutional funds for defined benefit and defined contribution plans. For more information, please visit http://www.alger.com.

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