Amy Y. Zhang was named senior vice president and portfolio manager at Fred Alger Management, spokeswoman Olivia Offner said.
The position is new. Ms. Zhang will serve as a portfolio manager on the Alger small-cap growth equities strategies alongside current portfolio manager Jill Greenwald. Ms. Zhang also will serve as portfolio manager of the Alger Growth Opportunities Fund. She will report to Dan Chung, CEO and chief investment officer.
Ms. Zhang was a managing director and portfolio manager for the Brown Capital Small Company Fund at Brown Capital Management. Robert Young, director of marketing at Brown Capital Management, declined to comment on a replacement.
Fred Alger Management managed more than $22.4 billion in assets as of Dec. 31.
