Certain Alger portfolio managers have implementation responsibility for selecting investments for our dedicated ESG-focused mutual fund. In addition, a number of our clients provide investment restrictions around purchasing securities with ESG and SRI issues. In this manner, they devote part of their time to ESG issues. Similarly, in an oversight role, our CIO dedicates part of his time to ESG issues, as well as certain investment analysts who will engage with the portfolio manager of the ESG mutual fund on specific securities.
In connection with our Proxy Voting Policy, we oversee a third-party vendor who implements this policy to confirm that proxies are voted in accordance with our policy. Additionally, in our general oversight of third-party vendors, we seek to encourage awareness of ESG principles and ask that such vendors consider these principles in thier overall business activities.