Everett (Mass.) Retirement System is in contract negotiations to hire four new managers. Freedom Capital has been the $57 million defined benefit plans biggest manager since late 1998, said Robert Shaw, director. The new managers are: State Street Global Advisors, domestic fixed income and international equity; Pioneer, large-cap growth domestic equity; RhumbLine, S&P 500 index; and SEB Asset Management, small-cap domestic equity. Freedom Capital will continue to manage large-cap active domestic equities. The search was conducted in-house. Contracts should be signed by the end of January. The asset allocation is: 30% domestic fixed income; 25% large-cap active domestic equity; 20% S&P 500 index; 7.5% large-cap growth domestic equity; 7.5% international equity; 5% small-cap domestic equity; 3% venture capital; and 2% cash.