Liberty All-Star Growth Fund, Inc. (NYSE: ASG) announced that its board of directors has appointed Congress Asset Management Company, LLP as the investment manager for the small-cap growth portion of the fund's portfolio, effective April 1, 2026.

Congress will replace Weatherbie Capital, LLC in managing the small-cap growth segment. The small-cap investment team at Congress is led by Gregg O'Keefe, CFA, and focuses on companies that demonstrate growth changes at higher profitability levels than industry peers.

The fund will maintain its existing management structure for other portfolio segments. Congress's mid-cap investment team will continue managing the mid-cap growth portion, while Westfield Capital Management Company, L.P. will continue overseeing the large-cap growth segment.

ALPS Advisors, Inc. serves as the investment advisor for the multi-managed, closed-end investment company, which reported more than $334 million in net assets as of March 26, 2026. The fund's shares trade on the New York Stock Exchange under the ticker symbol ASG.

The fund operates as a closed-end investment company that does not continuously issue shares. Investors seeking to buy or sell shares must place orders through intermediaries or brokers, with share prices determined by market value in secondary trading.