Ohio State Highway Patrol Retirement System, Columbus, is issuing RFPs...

Ohio State Highway Patrol Retirement System, Columbus, is issuing RFPs for small-cap and midcap value and growth equity managers, said Richard Curtis, executive director of the $700 million fund. The system is looking for active managers in either the value or growth style to handle small-cap and/or midcap growth equity. The overall small-cap and midcap equity portfolios will total between $35 million and $40 million each, with suballocations to value and growth styles. RFPs can be obtained by e-mail from [email protected] and are due March 3. DeMarche & Associates will assist. Finalists’ presentations will be made at the April board meeting. Separately, trustees terminated Ark Asset Management as a large-cap value manager. The $120 million portfolio was dropped because of poor performance, Mr. Curtis said. An Ark spokesman declined to comment on the termination. Some of the assets will be allocated to a new large-cap growth equity manager and the rest will be given to existing large-cap equity managers. The new manager selection has yet to be finalized. Finalists are: Dresdner RCM; Alliance; and Oak Associates.