Archdiocese of Los Angeles plans to begin searching in October for a...

Archdiocese of Los Angeles plans to begin searching in October for a minority-owned small-cap growth U.S. equity manager to run $7 million for its $600 million endowment, said Jose Debase, CFO. He said the new manager will replace Fortaleza Capital Management, which was terminated for performance reasons. Fortaleza officials did not return phone calls by press time. Separately, Mr. Debase said he expects the board to adopt a new asset mix by November. The current mix is 48% domestic equities, 17% international equities, 31% core bonds and 4% short-term bonds.