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Alger
Fred Alger founded Alger in 1964; CEO Dan Chung leads the growth-equity firm investing in technology, healthcare, and consumer companies across...
Alger
Alger is an investment firm. It has made three investments, totaling $347 million in deployed capital. Sectors include biotechnology and an undisclosed area.
General information
Firm type
Asset Manager
Year founded
1964
AUM
Undisclosed
Location
Region
North America
Country
United States
City
New York
Corporate office
New York, NY, United States
Additional offices
Danvers, MA, United States
Principals
Dan Chung
CEO
Fred Alger
Founder
Hilary Frisch
Chief Investment Officer
Sector focus
Frequently asked questions
Who runs investment decisions at Alger?
CEO Dan Chung oversees the firm's strategy, while the investment team operates under a committee structure. Alger has a dedicated research team that drives stock selection; the firm does not rely on a single star manager.
How does Alger source proprietary deal flow?
Alger generates ideas through its in-house research team, which conducts fundamental bottom-up analysis of growth companies. The firm does not operate a venture capital or private equity arm; it focuses on public equities.
Does Alger participate in fund commitments or only direct deals?
Alger primarily manages separate accounts and mutual funds for institutional and retail clients. It does not typically engage in fund-of-funds or direct private investments.
What investment stages does Alger typically target?
Alger invests across a company's lifecycle, focusing on growth-stage public equities. Its sweet spot is companies with accelerating earnings growth and durable competitive moats — from mid to large capitalization.
Which sectors does Alger explicitly avoid?
Alger does not publicly disclose any sectors it explicitly avoids. However, its growth mandate logically excludes deep value, distressed, or cyclical sectors such as basic materials or energy.
Is Alger structured as a family office or an asset manager?
Alger is an institutional asset manager, registered as an investment adviser under the SEC. It is not structured as a family office, though the Alger family has maintained ownership and leadership through generations.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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