Fred Alger Hires Chief Compliance Officer

Fred Alger Management announced yesterday it has hired Katherine P. Feld as senior vice president and chief compliance officer.

She joins the firm after serving 19 years at OppenheimerFunds, most recently as vice president and senior counsel.

Noting that she has the "full support" of the board and senior management at Fred Alger, Feld issued the following statement: "My mandate is to set high standards, centralize existing procedures and ensure that the firm adheres to ‘industry best practices.’"

Prior to joining Oppenheimer, Feld was an associate with Sidley, Austin, Brown & Wood.

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