{"id":19666,"date":"2025-06-02T17:40:36","date_gmt":"2025-06-02T21:40:36","guid":{"rendered":"https:\/\/apexforyouth.org\/?post_type=news&p=19666"},"modified":"2025-06-13T12:52:45","modified_gmt":"2025-06-13T16:52:45","slug":"generation-fearless-celebrating-algers-transformative-partnership-with-apex-for-youth","status":"publish","type":"news","link":"https:\/\/apexforyouth.org\/ko\/news-and-announcements\/generation-fearless-celebrating-algers-transformative-partnership-with-apex-for-youth\/","title":{"rendered":"Generation Fearless: Celebrating Alger\u2019s Transformative Partnership with Apex for Youth"},"content":{"rendered":"

Dan Chung and Wendy Hu-Au, Director of Development at Apex for Youth, at Taste of Asia in October 2024. Photo: Clara Hung<\/em>

Apex for Youth is honored to recognize Dan Chung, CEO and CIO of Fred Alger Management (Alger), and Alger as a Champion-level sponsor for this year\u2019s 33rd Inspiration Awards Gala. Alger’s exceptional commitment to Apex\u2019s mission has been instrumental in expanding our ability to empower Asian American youth from low-income and immigrant backgrounds. Dan\u2019s personal connection to Apex\u2019s mission and steadfast support through the years exemplify the theme of this year’s gala: Generation Fearless.<\/p>\n\n\n\n

A Personal Connection: Dan’s Journey<\/h2>\n\n\n\n

As a child of immigrant parents, Dan’s own background resonates deeply with the youth that Apex serves. Raised in California by a Chinese father and Filipino mother, Dan understands many of the challenges faced by the youth in our programs. These experiences form a through-line in his personal and professional narrative\u2014one that eventually connected him to Apex for Youth.<\/p>\n\n\n\n

“Apex for Youth is unique in its focus on issues facing Asian American youth,” Dan shares. “As an Asian American myself, and CEO of an organization that employs many people of diverse backgrounds, I feel a strong affinity to Apex’s goal of empowering youth from low-income and immigrant backgrounds.\u201d<\/p>\n\n\n\n

A Story of Remarkable Resilience<\/h2>\n\n\n\n

The story of Alger and its team today is one of extraordinary resilience. In one of the most challenging periods in the firm’s history, Alger’s offices were located in the North Tower of the World Trade Center during the devastating 9\/11 attacks and the firm lost 35 members of its investment team. In the aftermath of this tragedy, Dan, who had previously led the technology team, was appointed Chief Investment Officer and tasked with rebuilding the company his father-in-law had founded 37 years earlier.<\/p>\n\n\n\n

This monumental challenge was met with determination and support from both existing employees and former employees who returned to help rebuild Alger. Through Dan’s visionary leadership, the firm has since grown to manage an impressive $25 billion in assets under management\u2014a testament to the resilience that defines both Dan and the team at Alger.<\/p>\n\n\n\n

Alger x Apex for Youth<\/h2>\n\n\n\n

Dan’s relationship with Apex for Youth began when he attended the 30th Inspiration Awards Gala in 2022. The stories shared by the youth who had benefited from Apex’s programs deeply resonated with him. He was particularly struck by the realization that despite years of progress, Asian American youth today face many of the same challenges he encountered in his own journey.<\/p>\n\n\n\n

This revelation inspired Dan to view Apex as an opportunity for him and other Asian American professionals to address these persistent challenges, strengthen community networks, and improve outcomes for the next generation following in their footsteps. <\/p>\n\n\n\n

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\u201cWhen I attended my first Apex gala and heard from their youth, I saw myself in their journeys \u2013 the same uncertainties, the same cultural barriers. When I look at these youth, I don\u2019t just see the challenges they face today; I see their incredible potential and what they can achieve with the right support and resources. This is personal for me. It\u2019s about creating the pathways I wish existed in my journey.\u201d<\/p>\n<\/blockquote>\n\n\n\n

Alger’s partnership with Apex for Youth reflects a profound alignment of values centered on:<\/p>\n\n\n\n