Alger Capital Appreciation Institutional Fund Class I (ALARX) is a publicly traded company in the Financial Services sector, operating within the Asset Management industry. The company is headquartered in New York, NY, United States.
ALARX has IPO date of 1993-11-08, listed on the NASDAQ, a market capitalization of $5.93B.
Alger Capital Appreciation Institutional Fund Class I seeks long-term capital appreciation by investing at least 85% of its net assets, plus any borrowings for investment purposes, in equity securities. The fund focuses on companies of any market capitalization that the investment adviser believes demonstrate promising growth potential. This growth-oriented strategy targets investors seeking capital gains over an extended investment horizon.
