Roger Engemann, chief executive officer of Roger Engemann & Associates, an asset management subsidiary of Phoenix Investment Partners, has announced the appointment of Gretchen Lash to succeed him in that role. Lash will serve as CEO and CIO, and Engemann will continue to serve as chairman of the board.

"Gretchen has proven to be an experienced and competent leader committed to ensuring that our growth investment strategy remains disciplined and focused," Engemann said. "Despite the fact that the market has been in turmoil since she arrived in October 2001, we have nonetheless seen a marked improvement in the relative performance of our portfolios. I am confident that both the firm and our valued clients will benefit from Gretchen's stewardship now and in the future."

Lash joined Engemann from William Blair & Co., where she was a principal and portfolio manager, overseeing $1 billion in large-cap assets compiled of institutional accounts, managed accounts and mutual funds.

Roger Engemann & Associates, Inc., founded by Engemann in 1969, manages approximately $4 billion in assets, including private client accounts, sponsored managed accounts and mutual funds.

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