Fred Clifton Applegate
1945 - 2020
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Fred Clifton Applegate
December 5, 1945 - October 15, 2020
San Diego
On Thursday, October 15, 2020, Fred Clifton Applegate, loving husband, and father, passed away in his home at the age of 74.Born on December 5, 1945, in Milford, Ohio, Fred was the son of John Franklin and Hazel Mildred (Kellis) Applegate. After receiving a B.S. and an M.B.A. from Miami University, he served for four years in the U.S. Air Force in Sacramento, CA, becoming one of the youngest recruits to attain the rank of captain. When he finished his service, Fred moved to Chicago, IL to begin his investment management career at Harris Bank. Fred eventually settled in San Diego, CA, and opened his firm Nicholas-Applegate Capital Management with partner Art Nicholas. The firm had meteoric success: in 1989, Institutional Investor magazine recognized Nicholas-Applegate as the most successful firm of the 1980s.Fred loved living in San Diego and fully enjoyed the outdoor lifestyle that year-round sunshine allowed, joining the San Diego Yacht Club and regularly playing tennis and golf. He was also deeply committed to improving the lives of San Diegans, serving on the boards of several local charities, including the San Diego Nice Guys, the San Diego Air and Space Museum, and the San Diego Foundation Board's Investment Committee. He and wife Laura were often seen at philanthropic events around the county, honoring causes from Rady Children's Hospital to Wounded Warriors.A vibrant and engaging person, Fred made wide-ranging and long-lasting connections with friends all over the country. He was fortunate enough to have twenty beautiful years with his soulmate Laura, traveling the world and enjoying great food and wine. Most of all, he loved being surrounded by his family, including daughters, Jennifer and Lori, stepdaughters, Jenny, Erika, and Lydia, and his many grandchildren. His spirit, intelligence, and humor will be much missed by all who knew him.Fred was laid to rest at a private burial at El Camino Memorial Cemetery, with a celebration of his life to be held at a later date.In lieu of flowers, the family requests that donations be sent to Nice Guys San Diego ( in Fred's name.

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Published in San Diego Union-Tribune on Oct. 25, 2020.
Memories & Condolences
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5 entries
November 1, 2020
I remember Fred! He lived on Belt Street just a few houses away from my family and was a year ahead of me in school. His Mother and Father were kind and very encouraging to Fred. It warms my heart to know that he had such a big wonderful family. He was definitely the kid you knew would become very successful in life. I’m so sorry to hear of his passing. Please accept my condolences and prayers for all of his loved ones.
Donna Carder-Kummer
October 26, 2020
He will be missed but remembered always !
Nurit Grady
October 26, 2020
Dear Laura,
Fred was an amazing angel on earth who was loyal, honest, loving, caring and truly in love with you. He was an angel in earth for all of us but now he is an angel for everyone on earth! Him and my dad left too soon but I think god needed some help so he took two of his best to assist him up there! This is a road we all must take and will be rejoicing with them soon.
I love you my dear friend. May god bless you. Love, Ramin
Ramin Pourteymour
October 25, 2020
Fred was a great friend. His sense of purpose and humor never dimmed. We are all diminished by his passing.
Ray Higgins
October 25, 2020
Your kind smile will be missed.
Esther Rodriguez
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