HARRY LANGE

Contents

Harry W. Lange

Investment Experience

'Managing Magellan'

'Personal Life'

'Citations'

Harry W. Lange

Harry Lange is a self made man. Born February 25, 1952 in Gaylord, MI, Lange is a Wall Street investment manager. He is currently the portfolio manager for the Magellan Fund and is a Vice President at Fidelity Investments.

Investment Experience

After earning his MBA at Harvard University, Lange worked for Idanta partners (the Bass Brothers VC firm). He then moved to Wellington Management Company. After four years there Lange left and joined Fidelity Investments as a research analyst covering the photography, office-products and machinery on Black Monday (1987) [1].
Nearly 20 years into his career at Fidelity, Lange was tapped to manage The Magellan Fund.

Name of Fund	Period Managed	Assets Under Management
Select Industrial	1987-1996	$135 Million
Select Machinery	1987-1996	$65 Million
Capital Appreciation	1996-2005	$9 Billion
Magellan Fund	2005-Present	$50 Billion

'Managing Magellan'

Lange began managing Fidelity's Magellan Fund in October, 2005. During the first year of his reign he realigned the fund to reflect his personal stock selection. The net result was an initial capital gains distribution that was just over $22 in 2006. Magellan began to outperform the S&P500 in 2007 and was upgraded to a four star mutual fund by Morningstar in July, 2007.

'Personal Life'

Lange's introduction to finance came when his Father, the former Otsego County treasurer and High School Math teacher, brought him to an investment club meeting when he was 8 years old. Fidelity promotes Lange to Magellan Fund
Lange is an accomplished Ballroom dancer and competes throughout the United States. Free-Wheeling chief of Magellan wants fund to be aggressive
Lange has three children and resides in Boston, MA.

'Citations'

The Power 30

Fidelity Is Wild About Harry

Magellan's New Skipper Changes Course

A True Go-Anywhere Fund Harry Lange is more flexible

Veteran Equity Manager Harry W. Lange to Take Reins of Fund

Fidelity Magellan on Its New Course

How Important Is Your Fund’s Manager?

How to keep a keen ear for growth stories

Fixing Fidelity