Fred Alger Management has been awarded a large cap separate account mandate by Oklahoma Firefighters Pension and Retirement System, using Alger’s Capital Appreciation strategy.

The portfolio will be managed by Patrick Kelly, executive vice president, along with the team of nearly 30 investment professionals at Alger.

“We are honoured to partner with Oklahoma Firefighters Pension and Retirement System,” says Dan Chung, chief executive. “We, at Alger, view this as another indication that the efforts we have put into building our institutional sales team have been effective and recognized in the marketplace.”   

Alger investment strategies are available to institutional investors through separate accounts and mutual funds and to retail investors through Alger mutual funds.