City of Miami Beach (Fla.) Fire & Police Pension Fund narrowed a...

City of Miami Beach (Fla.) Fire & Police Pension Fund narrowed a search for its first small-cap U.S. equity manager, for diversification, to three finalists and expects to make a decision at its March 2 board meeting, said George Ling, the Gabriel Roeder Smith consultant who is assisting. Finalists are Eagle Asset Management, Wellington Management and STI Capital Management. The $393 million fund will allocate up to $10 million to the new manager; funding will come from cash.