Q&A with Dan Chung of Alger
Chief Executive Officer, Chief Investment Officer & Portfolio Manager
Luminary Series:
Alger is a privately owned investment boutique that has a singular focus on growth equity investing. The firm has a vibrant, fundamental research culture and a time-tested investment philosophy that has been in place since its launch in 1964.
Join us for a Private Family Office Insights “Luminary Series,” a chat with Dan Chung, CEO and CIO of Alger.
Sept 23, 2021 at 2:15pm-3:15pm EST
RSVP & Confirmation Required
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What is Alger?
• Alger is a privately owned investment boutique that has a singular focus on growth equity investing. The firm has a vibrant, fundamental research culture and a time-tested investment philosophy that has been in place since its launch in 1964. Key to Alger’s success is a deep investment team of 53 professionals covering a range of companies across market cap and sector.
What is Alger’s core competence?
• We focus on identifying themes of innovation and Positive Dynamic Change across industry and rely on deep fundamental research to identify the beneficiaries and losers of that change. Alger believes that innovation, driven by the digital economy, is accelerating change and forcing businesses and investors to think and act differently.
• Our independence has allowed us to retain our focus on our core competence of growth equity investing.
Dan Chung of Alger
Daniel C. Chung is Chief Executive Officer, Chief Investment Officer and Portfolio Manager of several Alger strategies. Dan joined Alger in 1994 and has 27 years of investment experience. He was named Chief Investment Officer in September 2001, President in 2003, and CEO in 2006. Dan is also a member of The Alger Partners Plan. Throughout his tenure at Alger, he has made numerous TV appearances on Bloomberg, CNBC, and Fox Business. Dan has also been featured and quoted frequently in Barron’s, Citywire, Forbes, Investment News, Pensions & Investments, and USA Today. Prior to joining Alger, Dan was an associate at Simpson Thacher & Bartlett LLP in New York City in 1989 while he earned an LL.M. from New York University. He earned his J.D. magna cum laude from Harvard Law School in 1987, where he was an editor of the Harvard Law Review. After graduating, he served as law clerk for the Honorable Justice Anthony M. Kennedy, United States Supreme Court. Dan graduated from Stanford University with B.A. and B.S. degrees, with Distinction and Phi Beta Kappa, in 1984. Dan is also a CFA charterholder and a member of the CFA Institute. Dan currently serves as a board trustee and former chairman of The Nature Conservancy in the State of New York and is a Global Campaign Committee Member of The Nature Conservancy. He is also actively involved with the Stanford in New York Internship Program, and frequently contributes to and supports various charitable organizations including the Harlem Education Activities Fund (HEAF) and Target Margin Theater.
Disclaimer:
The views expressed are the views of Fred Alger Management, LLC (“FAM”) and its affiliates as of September 2021. These views are subject to change at any time and may not represent the views of all portfolio management teams. These views should not be interpreted as a guarantee of the future performance of the markets, any security or any funds managed by FAM. These views are not meant to provide investment advice and should not be considered a recommendation to purchase or sell securities.
Risk Disclosures – Investing in the stock market involves risks, including the potential loss of principal. Growth stocks may be more volatile than other stocks as their prices tend to be higher in relation to their companies’ earnings and may be more sensitive to market, political, and economic developments. Local, regional or global events such as war, acts of terrorism, the spread of infectious illness such as COVID-19 or other public health issues, recessions, or other events could have a significant impact on investments. Past performance is not indicative of future performance.