Hialeah (Fla.) City Employees' Retirement System hired Mellon Equity...

Hialeah (Fla.) City Employees’ Retirement System hired Mellon Equity Associates as its first midcap U.S. equity manager to diversify its $460 million fund, said Yolanda Rivero, plan administrator. Funding for the $25 million allocation will come from rebalancing, she said.