SEARCHES & HIRINGS
Oklahoma Public Employees' Retirement System, Oklahoma City, hired RCM Capital Management for a $70 million small-cap equity mandate. The $4 billion system funded the hire from a small-cap equity index portfolio managed by BGI. BGI still manages other assets for the system. Strategic Investment Solutions assisted.
San Diego County Employees' Retirement Association hired Mount Lucas Management to run $20 million in passive managed futures linked to the Mount Lucas Management Index, said Robert Snigaroff, investment officer for the $3.3 billion fund.
The $20 million will be run in an overlay strategy, as is the association's existing $140 million in managed futures, he said. The overlay strategy at San Diego County doesn't set aside cash for the allocation, other than for futures margin.
