South Carolina Retirement System , Columbia, is planning to hire two...

South Carolina Retirement System, Columbia, is planning to hire two more equity managers, pending approval of the system’s budget and control board, as it continues to build an equity portfolio. Montag & Caldwell and Peachtree Asset Management will handle $260.4 million and $131.6 million, respectively, in large-cap growth for the $18 billion defined benefit plan. Funding will come from ‘‘existing holdings,’’ said Michael Sponhour, spokesman for the budget and control board. Mercer assisted.