- Gamma Pegasi is a star in the constellation of Pegasus, located at the southeast corner of the asterism known as the Great Square. It has the formal name Algenib /ælˈdʒiːnɪb/; the Bayer designation Gamma Pegasi is Latinized from γ Pegasi and abbreviated Gamma Peg or γ Peg. The average apparent visual magnitude of +2.84 makes this the fourth-brightest star in the constellation. The distance to this star has been measured using the parallax technique, yielding a value of roughly 470 light-years (144 parsecs).