South Carolina Retirement System, Columbia, named finalists for three...

South Carolina Retirement System, Columbia, named finalists for three of its equity mandates, said Sandra Morelli, a principal at William M. Mercer, the $18 billion fund’s consultant. Finalists for the system’s $480 million large-cap value mandate are Sanford C. Bernstein, Flippin Bruce & Porter and Institutional Capital. Finalists for its $300 million large-cap core mandate are Chicago Equity Partners, J.P. Morgan and Wellington; and finalists for its $90 million small-cap to midcap core mandate are Aeltus, Farrell-SL and Fidelity. Funding will come from cash and from reducing existing fixed-income accounts. All finalists are scheduled to be interviewed Nov. 23. The fund may hire more than one manager in each category, Ms. Morelli said. Final approval is expected in late January.