Nikon Inc., Melville, N.Y., hired Chicago Equity Partners to manage $10 million in large-cap core equities for its defined benefit plan.
Peter J. Moleski Jr., the controller, declined to give the size of the plan; the Money Market Directory listed assets at $25 million as of June 30.
Funding came from the termination of a value equity manager, which Mr. Moleski declined to identify.
Mercer Consulting assisted.
