John’s addition to the institutional team will help us continue the momentum we’ve had with institutional investors and consultants.
NEW YORK (PRWEB) December 02, 2020
Fred Alger & Company, LLC (“Alger”), a $40 billion growth equity investment manager, is pleased to announce that John Dashtara, CFA, has joined the firm as a senior vice president and co-head of institutional. Mr. Dashtara will focus on establishing, developing and strengthening relationships with institutional asset owners and consultants.
Mr. Dashtara, who has 16 years of institutional investment experience, was most recently a member of the Consultant Relations Team at Dimensional Fund Advisors. During his tenure, Mr. Dashtara led the West Coast region across more than 30 institutional investment consultant offices and OCIOs. Prior to Dimensional Fund Advisors, he was a relationship manager for Blackrock’s Financial Institutions Group, where he managed and grew institutional relationships with senior investment members from banks, insurers and other taxable financial institutions. Mr. Dashtara earned his B.A. in economics from the University of California, Irvine. He is also a CFA charterholder and currently serves as the president of the CFA Society of Austin.
“Alger continues to see strong sales growth across our institutional, intermediary, and offshore businesses. John’s addition to the institutional team will help us continue the momentum we’ve had with institutional investors and consultants,” said Jim Tambone, executive vice president and chief distribution officer at Alger. “I believe John will be a valuable resource to the organization, including supporting our existing clients and influencing our distribution strategy going forward.”
Mr. Dashtara joins Ted Doyle as co-head of institutional. Mr. Doyle, who has 18 years of experience, has been a valued member of the institutional team at Alger for 12 years.
“John is a seasoned, dedicated and institutional-focused professional and we are excited to have him join our team,” said Mr. Doyle. “I believe he will help continue to position Alger as a leader in active growth equities with our institutional clients and consultants.”
Founded in 1964, Alger is widely recognized as a pioneer of growth-style investment management. Headquartered in New York City with affiliate offices in Boston and London, Alger provides U.S. and non-U.S. institutional investors and financial advisors access to a suite of growth equity separate accounts, mutual funds, and privately offered investment vehicles. The firm’s investment philosophy, discovering companies undergoing Positive Dynamic Change, has been in place for over 50 years. Weatherbie Capital, LLC, a Boston-based investment adviser specializing in small and mid-cap growth equity investing is a wholly-owned subsidiary of Alger. For more information, please visit http://www.alger.com.
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 the prices of growth stocks tend to be higher in relation to their companies’ earnings and may be more sensitive to market, political, and economic developments. This material is not meant to provide investment advice and should not be considered a recommendation to purchase or sell securities.