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.