AllianceBernstein Expands Equity Offering in European and Global Growth

AllianceBernstein L.P. ("AB"), one of the leading global investment firms with $652 billion in assets under management, announced today the addition of a European and Global Growth team to expand its offerings to clients.

The team will join AB in January 2024 and will be comprised of five fund managers from Allianz Global Investors, led by Thorsten Winkelmann.

Thorsten Winkelmann is a portfolio manager and Chief Investment Officer with nearly 25 years of experience in the industry, specializing in European and global equity growth strategies.

Winkelmann will be joined by a team of four portfolio managers, including Robert Hofmann, Marcus Morris-Eyton, Darina Valkova, and Nicolas Gonçalves. The team brings extensive sector knowledge, having previously led one of the largest European growth strategies.

"As a company, we are constantly looking for opportunities where we believe there are teams or individuals that can complement our current product offering, while helping us better serve clients and advisors and growing our business."

"What attracted us to Thorsten and his team is their ability to expand our equity capabilities in the areas of European and Global Growth. They have a compelling track record in fundamental stock selection, a team-oriented culture, and a set of principles aligned with our company,"

<strong>Chris Hogbin, Head of Equity at AllianceBernstein</strong>

"I am looking forward to bringing a complementary strategy to AB's fund lineup and continuing to adhere to my team's investment philosophy and values."

"My team and I focus on fundamental research and a disciplined investment process. We are confident that AB's culture aligns with these values. I am excited about this new step and look forward to bringing our robust and proven strategies,"

<strong>Thorsten Winkelmann</strong>