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Monday, May 19, 2008

Alger Consults with New Hire

by: Erin Kello

Fred Alger Management has appointed an emissary to consultants. Lori McEvoy joins the firm as senior vice president, director of consultant relations. McEvoy was formerly director of consultant relations at WisdomTree Investments.

Company Press Release

NEW YORK, May 19, 2008 Ė Fred Alger Management, Inc. (Alger), a leading asset management firm, today announced the hiring of Lori McEvoy as Senior Vice President, Director of Consultant Relations for Alger. In her new role, Ms. McEvoy will lead Algerís effort to service and expand existing relationships and develop new relationships with consultants.

Prior to joining Alger, Lori was Director of Consultant Relations at Wisdom Tree Investments Inc. Loriís previous experience includes founding an independent management solutions firm and working as Vice President and Client Service Executive at Pilgrim Baxter & Associates, Ltd. She has 22 years of industry experience.

Dan Chung, CEO and Chief Investment Officer of Alger, said, ďWe are pleased to add an individual with Loriís background and experience to our organization. The consultant community is vitally important to Alger today and in the future. We believe Loriís combination of industry experience and client skills will help us even better serve this important client base.Ē

About Fred Alger Management

Founded in 1964, Fred Alger Management, Inc. is a leading asset management firm managing more than $15 billion. Alger employs a bottom-up approach in its attempt to identify the fastest-growing companies in their respective sectors. For more than 40 years, Alger has followed a rigorous process, a consistent approach, and a core philosophy: find dynamic, innovative companies creating change and invest in them. Fred Alger Management offers investment advisory services to separately managed, sub-advised, and wrap accounts. Fred Alger & Company, Incorporated offers mutual funds as well as institutional funds for defined benefit and defined contribution plans. For more information, please visit www.alger.com.  

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