Company Press Release

Alger Announces New Head of Marketing

   NEW YORK, October 10, 2013 – Fred Alger Management, Inc., a leading asset management firm, has announced that Jeanne Sdroulas has joined Alger as Senior Vice President, Head of Marketing. In her new role, Jeanne is responsible for all aspects of the firm’s marketing efforts and reports to Jim Tambone, Executive Vice President, Chief Distribution Officer. "We are excited to have Jeanne on board,” says Tambone.  

   “Her expertise in strategic marketing and brand positioning will help us broaden our footprint while strengthening our messaging and brand awareness.”

   During her 25 years of experience with financial services firms, Jeanne has held numerous leadership positions and was responsible for marketing communications, branding, product management, and public relations.

   She joins Alger from Stone Harbor Investment Partners LP, where she was Global Head of Marketing. Prior to Stone Harbor, Jeanne served as Chief Marketing Officer at Orrick Herrington & Sutcliffe LLP. Her previous experience also includes senior marketing roles at Citi, Deutsche Bank, and Merrill Lynch & Co. Jeanne earned a BA in economics from Barnard College and an MBA in finance from The Wharton School.    About Fred Alger Management, Inc.

   Fred Alger Management, Inc. was founded in 1964 and as of September 30, 2013 managed more than $19 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 & 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 www.alger.com.