Key Takeaways
- • A Midwest public pension retirement system has concluded a manager search to replace its incumbent small-cap growth equity manager.
- • The search was aimed at a smid-cap mandate, according to the article headline, which places the allocation at the small-to-mid-cap boundary of the equity market.
- • The reporting available does not name the selected firm or disclose the mandate size or fee terms.
Summary
A Midwest pension retirement system has completed a search to replace its incumbent small-cap growth equity manager, according to Financial Investment News (FIN). The hire is reported under the headline "Midwest Pension Makes Smid-Cap Hire," indicating the mandate sits in the smid-cap segment, which spans companies between small- and mid-cap size ranges.
The available coverage does not identify the successor manager, the assets allocated to the mandate, or the terms of the engagement. Institutional allocators tracking public pension manager changes in small and smid-cap equities may wish to consult the full FIN report for those details.
The available coverage does not identify the successor manager, the assets allocated to the mandate, or the terms of the engagement. Institutional allocators tracking public pension manager changes in small and smid-cap equities may wish to consult the full FIN report for those details.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.