The new president of Munder Capital Management, James V. FitzGerald, said the investment manager will pursue acquisitions in the next three to five years as part of an aggressive growth plan.

FitzGerald, who was promoted to president Monday, said the Birmingham, Mich., company, which had $14 billion of assets under management as of March 31, expects to have more than $30 billion within the next three years and $45 billion within the next five years. Though he said Munder will add assets by expanding organically, he plans to concentrate heavily on buying small investment managers.

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