Oil, Chemical & Atomic Workers Union Pension Fund, Lakewood, Colo., narrowed its search for its first international equity and midcap managers to three finalists. A final decision is expected at its Oct. 28 board meeting, said Richard E. Nikodym, fund manager for the $196 million plan.
Finalists in the international equity manager search are: Sit/Kim International; Lazard Asset Management; and Simms Capital Management. Midcap finalists are: Iridian Asset Management; Valenzuela Capital Partners; and NWQ Investment Management.
Each will manage $10 million. Funding will come from reducing the balanced portfolios run by Fox Asset, McMorgan and Thompson, Seigel.