Orlando (Fla.) Public Employees Retirement System is reviewing large-cap value finalists from a prior search to replace Fox Asset Management as a large-cap value manager after several Fox staffers resigned to form Osprey Capital Management, said Bruce Harter, treasurer of the $600 million fund.
Mr. Harter said there is no search going on at this time and he doubts one will take place.
Osprey, which is also under consideration, will manage the $45 million portfolio until a final decision is made, Mr. Harter said.
A final decision is expected by December.
