Chatham County Employee Retirement Plan picks 2 equity managers

Chatham County Employee Retirement Plan, Savannah, Ga., hired Lee Munder Capital Group to run $5 million in active emerging markets equities and Denver Investment Advisors to run $3 million in active international small-cap equities, confirmed Gregory A. McNeillie, vice chairman and principal of Dahab Associates, the $162 million pension fund's investment consultant.

RFPs were issued in February 2012. Funding comes from cash and rebalancing.

Other emerging markets equity finalists were Glovista Investments and EARNEST Partners. Other international small-cap finalists were Lee Munder Capital and Pyramis Global Advisors.

Linda Cramer, Chatham County finance director, referred a phone call to Mr. McNeillie.