DeKalb County Employees Retirement Plan, Decatur, Ga., hired Loomis, Sayles & Co. to manage about $110 million in active domestic large-cap growth equities, said Edmund J. Wall, chairman of the board of trustees, in an email.
The $1.3 billion pension fund conducted a shortlist search for a manager to replace Montag & Caldwell; Mr. Wall said the board "just decided to move managers."
Other finalists were HS Management Partners and Sustainable Growth Advisers.
Investment consultant Callan Associates assisted.