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Louisiana Clerks' of Court Retirement and Relief Fund, Baton Rouge, hired EARNEST Partners to run about $42 million in active domestic small-cap value equities.
The $777 million pension fund's board approved the hiring at its Aug. 3 meeting, recently released meeting minutes show.
Louisiana Clerks of Court conducting short-list search for small-cap manager pionline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pionline.com Daily Mail and Mail on Sunday newspapers.
Louisiana Clerks of Court conducting shortlist search for small-cap manager Getty Images/iStockphoto Louisiana Clerks of Court Retirement and Relief Fund, Baton Rouge, is searching for an active domestic small-cap equity manager to run about $38 million. The $683 million pension fund is conducting the shortlist search following the termination of William Blair & Co. from a similar portfolio due to organizational changes, recently released March 30 meeting minutes show. Assets have been parked in an iShares Russell 2000 Index fund managed by BlackRock, minutes show. Investment consultant AndCo Consulting is conducting the search. Executive Director Debbie Hudnall could not be immediately reached for further information. ....