Bausch & Lomb Inc.'s pension fund, Rochester, N.Y., is searching for a small-cap equity manager, said Alan Resnick, vice president and treasurer.
He declined to give the amount of the assignment, because the amount initially targeted might change. Funding will come from cash flow and rebalancing among managers for the $125 million fund. The fund could complete the search in October, but he said it had not made a decision on a deadline.
The fund is doing the search internally.
