Alger Hires Patrick Murphy as New Chief Compliance Officer

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Fred Alger Management, a leading asset management firm with approximately $21.5 billion in assets under management, today announced that Patrick J. Murphy has joined the firm as its Chief Compliance Officer.

Fred Alger Management, a leading asset management firm with approximately $21.5 billion in assets under management, today announced that Patrick J. Murphy has joined the firm as its Chief Compliance Officer.

Patrick, who has 14 years of compliance experience, was previously a Vice President of Compliance at Fidelity Investments where he oversaw key elements of the firm’s compliance program including the firm’s compliance policies and procedures. His previous experience includes working as an attorney at Ropes & Gray, LLP. He has also been an instructor of English at The University of Delaware and an Editor at Quinlan Legal Publishing Company. Patrick earned a J.D. from Cornell Law School, an M.A. from the University of Delaware, and a B.A. from The College of the Holy Cross.

“We are quite pleased that Patrick has joined Alger,” said Hal Liebes, Chief Operating Officer and Chief Legal Officer of Alger. “Patrick brings significant compliance experience to Alger and will be a valuable resource as we continue to grow the firm.”

About Fred Alger Management, Inc.
Fred Alger Management, Inc. was founded in 1964 and as of June 30, 2014 managed more than $21.5 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 http://www.alger.com.

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Scott A. Anderson
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