Summa Health System, Akron, Ohio, hired Shaker Investments to manage $10 million in active domestic small-cap to midcap growth equities for its $80 million plan, said Susan Savene, director-treasury operations. Funding comes from its pension investments and malpractice self-insured trust, she said.
The manager was added at the suggestion of consultant Legacy Strategic Asset Management Investment Consultants, Ms. Savene said.
