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THE WHITE HOUSE

Office of the Press Secretary


For Immediate Release April 19, 1996

PRESIDENT CLINTON NAMES ALAN G. LOWY TO THE BOARD OF DIRECTORS OF

THE JAMES MADISON MEMORIAL FELLOWSHIP FOUNDATION

The President announced today his intent to nominate Alan G. Lowy to the Board of Directors of the James Madison Memorial Fellowship Foundation.

Alan G. Lowy of California currently manages private equity portfolios for individuals and is involved in the financing and development of commercial real estate. He also currently serves as the director of the 59 Wall Street Fund, New York. The Fund is comprised of 8 mutual funds made up of stocks, bonds and treasuries and international equities, totaling $1.2 billion. In the past he served as a portfolio manager for Security Pacific National Bank and as assistant sales manager for Blyth & Company, stockbrokers. Additionally, Mr. Lowy serves 15 years on Los Angeles County's $20 billion Board of Investments, having served as chairman and vice chairman of the board. He is currently a member of both the Los Angeles County Natural History Museum's Alliance Board and the Los Angeles City Attorney's Criminal Justice Panel. Mr. Lowy received his B.S. in finance from the University of Arizona.

The purpose of the Board of Trustees of the James Madison Memorial Fellowship Foundation is to provide supervision and direction to the James Madison Fellowship Program, which was established to encourage graduate study of the American Constitution, its roots, formation, principles and development.

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