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Pension Funds

Aurora General Employees puts Denver Investments on watch

Aurora (Colo.) General Employees' Retirement Plan placed Denver Investments on watch for pending organizational changes, said Thomas Connell, pension plan administrator, in an email.

Segall Bryant & Hamill agreed to acquire Denver Investments in January. The Denver Investments name will no longer exist after the deal closes in the second quarter.

Denver Investments currently manages $57 million in a core fixed-income strategy for the $420 million plan, Mr. Connell said.

The board made the decision at its Feb. 22 meeting.