Santa Clara County Transit District, San Jose, Calif., hired its first five managers as a result of an asset allocation study and a shift from in-house to external management, said Manny Bagnas, investment manager for the $400 million fund.
Boston Partners will manage $25 million in large-cap value; Brandywine, $15 million in small-cap value; State Street, $8 million in large-cap index; and Dodge & Cox and Payden & Rygel will run $100 million and $200 million in fixed income, respectively.
