Greenville Hospital, Greenville, S.C., hired two active international commingled equity managers. Putnam will run $7 million to $10 million in a core style, and TT International, $7 million to $10 million in growth, for the $200 million defined benefit plan.
Funding for the hires came from rebalancing, said Larry Gosnell, assistant treasurer and director of investments. The fund changed its investment policy last year and added a 10% international equity allocation, he said. Mr. Gosnell would not disclose any further information.