Fred Alger Management, Llc
SEC-registered
Mutual Fund / Asset Manager · Large ($10B–$100B)
CRD 106750
· SEC file 801-6709
· New York, NY
· X.COM
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ADV data as of May 19, 2026
- Regulatory AUM
- $26.1B
- Discretionary
- $25.8B
- Clients
- 3,068
- Avg AUM / client
- $8.5M
- Accounts
- 3,068
- Employees
- 98
AUM over time
$14.9B
$37.0B
Dec 2011
May 2026
Annual snapshots from Form ADV filings · as of May 19, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 2,975 | $1.6B | 6.13% |
| High net worth individuals | 5 | $28.1M | 0.11% |
| Investment companies | 31 | $20.6B | 78.8% |
| Pooled investment vehicles (non-investment companies) | 13 | $1.3B | 5.0% |
| Pension and profit sharing plans | 16 | $1.6B | 6.17% |
| Charitable organizations | 15 | $240M | 0.92% |
| State or municipal government entities | 13 | $743M | 2.84% |
Private funds (2)
Reported in Form ADV Section 7.B.(1), filing of Dec 2024 · $57.0M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Alger Dynamic Return Fund Llc | Hedge Fund | Delaware | $38.5M | 11 |
| Alger Life Sciences Innovation Fund Lp master | Hedge Fund | Delaware | $18.5M | 13 |
Nonprofit clients
Charities that reported this firm as a top-paid contractor (investment services) on Form 990.
| Charity | Location | Period |
|---|---|---|
| Laborers Dist Council Build & Construction Health & Welfare EIN 231575634 | Philadelphia, PA | 04/30/2024 |
| Heavy & Highway Construction Health & Welfare Fund EIN 231527636 | Philadelphia, PA | 04/30/2024 |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Waterfront Employers Ila Pension Plan Board Of Trustees Waterfront Employers Ila Pension Plan | 2024 | |
| Division 1181 Atu Ny Employees Pension Fund And Plan Board Of Trustees Of Division 1181 Atu Ny Employess Pension Fund And | 2024 | |
| Laborers Local 57 Industrial Pension Plan Trustees Of Laborers Local 57 Industrial Pension | 2024 | |
| Laborers' District Council Construction Industry Pension Fund Laborers' District Council Construction Industry Pension Fund | Philadelphia, PA | 2024 |
| Morgan Stanley 401(k) Plan Morgan Stanley Domestic Holdings, Llc | 2024 | |
| Teamsters Pension Trust Fund Of Philadelphia & Vic Board Of Trustees Of Teamsters Pension Trust Fund Of Philadelphia & Vi | Pennsauken, NJ | 2024 |
| Ufcw Local 1262 & Employers Pension Fund Trustees Ufcw Local 1262 Pension Fund | 2024 | |
| Steelworkers Pension Trust Steelworkers Pension Trust | Pittsburgh, PA | 2024 |
| Twu Westchester Private Bus Lines Pension Trust Twu Westchester Private Bus Lines Pension Trust | 2024 | |
| Atlanta Ironworkers Local #387 Pension Plan Board Of Trustees Atlanta Ironworkers Local 387 Pension Pl | 2024 | |
| Uiu Newspaper Guild Of Greater Philadelphia Pension Fund Uiu Newspaper Guild Of Greater Philadelphia Pension Fund | 2024 | |
| Ufcw Local One Pension Fund Brd Of Ttees Ufcw Local One Pension Fund | 2024 |
People (8)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Chung, Daniel, Cayley | Chairman, President, Chief Executive Officer | Sep 2003 (23y) | Less than 5% | |
| Liebes, Hal | Executive Vice President, Chief Operating Officer, Secretary | Aug 2006 (20y) | Less than 5% | |
| Alger, Alexandra, Dewey | Stockholder | Feb 2007 (20y) | ≈ 14.06% – 50% via Alger Associates, Inc. | |
| Alger, Hilary, Miller | Stockholder | Feb 2007 (20y) | ≈ 14.06% – 50% via Alger Associates, Inc. | |
| Alger, Nicole, Demarigny | Stockholder | Feb 2007 (20y) | ≈ 14.06% – 50% via Alger Associates, Inc. | |
| Kincel, Robert, Louis | Senior Vice President, Chief Financial Officer, Treasurer | Jun 2007 (19y) | Less than 5% | |
| Payne, Tina | Senior Vice President, General Counsel, Chief Compliance Officer, Assistant Secretary | Jul 2017 (9y) | Less than 5% | |
| Hofmann, Christoph | Executive Vice President, Chief Distribution Officer | Sep 2022 (4y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Alger Group Holdings, Llc | Direct Parent Of Applicant | Oct 2019 | A | 75% or more |
| Alger Associates, Inc. | Indirect Parent Of Applicant | Nov 1979 | B | ≈ 56.25% – 100% via Alger Group Holdings, Llc |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Alger, Alexandra, Dewey: 25% – 50% of Alger Associates, Inc. × 75% – 100% of Alger Group Holdings, Llc × 75% – 100% direct ≈ 14.06% – 50% of the firm
- Alger, Hilary, Miller: 25% – 50% of Alger Associates, Inc. × 75% – 100% of Alger Group Holdings, Llc × 75% – 100% direct ≈ 14.06% – 50% of the firm
- Alger, Nicole, Demarigny: 25% – 50% of Alger Associates, Inc. × 75% – 100% of Alger Group Holdings, Llc × 75% – 100% direct ≈ 14.06% – 50% of the firm
- Alger Associates, Inc.: 75% – 100% of Alger Group Holdings, Llc × 75% – 100% direct ≈ 56.25% – 100% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (2, $57.0M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Alger Dynamic Return Fund Llc | Hedge Fund | $38.5M | $500K | 11 |
| Alger Life Sciences Innovation Fund Lp | Hedge Fund | $18.5M | $500K | 13 |
From Form ADV Section 7.B private fund reporting.
Retirement plans served (12)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Waterfront Employers Ila Pension Plan | Board Of Trustees Waterfront Employers Ila Pension Plan | 1,342 | $520M | 10/01/2024 |
| Division 1181 Atu Ny Employees Pension Fund And Plan | Board Of Trustees Of Division 1181 Atu Ny Employess Pension Fund And | 6,149 | $825M | 09/01/2024 |
| Laborers Local 57 Industrial Pension Plan | Trustees Of Laborers Local 57 Industrial Pension | 1,436 | $338M | 07/01/2024 |
| Laborers' District Council Construction Industry Pension Fund | Laborers' District Council Construction Industry Pension Fund | 2,817 | $1.2B | 05/01/2024 |
| Morgan Stanley 401(k) Plan | Morgan Stanley Domestic Holdings, Llc | 54,084 | $22.2B | 01/01/2024 |
| Teamsters Pension Trust Fund Of Philadelphia & Vic | Board Of Trustees Of Teamsters Pension Trust Fund Of Philadelphia & Vi | 7,961 | $2.7B | 01/01/2024 |
| Ufcw Local 1262 & Employers Pension Fund | Trustees Ufcw Local 1262 Pension Fund | 4,449 | $1.0B | 01/01/2024 |
| Steelworkers Pension Trust | Steelworkers Pension Trust | 43,601 | $7.2B | 01/01/2024 |
| Twu Westchester Private Bus Lines Pension Trust | Twu Westchester Private Bus Lines Pension Trust | 765 | $209M | 01/01/2024 |
| Atlanta Ironworkers Local #387 Pension Plan | Board Of Trustees Atlanta Ironworkers Local 387 Pension Pl | 673 | $136M | 01/01/2024 |
| Uiu Newspaper Guild Of Greater Philadelphia Pension Fund | Uiu Newspaper Guild Of Greater Philadelphia Pension Fund | 35 | $335M | 01/01/2024 |
| Ufcw Local One Pension Fund | Brd Of Ttees Ufcw Local One Pension Fund | 193 | $968M | 01/01/2024 |
From Form 5500 service-provider disclosures.
Foundations & charities (2)
| Organization | Type | Assets | As of |
|---|---|---|---|
| Laborers Dist Council Build & Construction Health & Welfare | Public charity | $196M | 04/30/2024 |
| Heavy & Highway Construction Health & Welfare Fund | Public charity | $205M | 04/30/2024 |
From IRS Form 990 investment-management-fee disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 05/19/2026 | 1.89 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for investment companies
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- J.P. Morgan $1.2B (4% of AUM) May 2026
- Northern Trust $1.0B (4% of AUM) May 2026
- Pnc Bank International $396M (2% of AUM) Mar 2025
- BNY Mellon $277M (2% of AUM) Mar 2023
- State Street $263M (1% of AUM) Dec 2024
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: May 19, 2026.
View current Form ADV (SEC/IAPD) ↗