Indiana Public Employees' Retirement System , Indianapolis, will begin...

Indiana Public Employees’ Retirement System, Indianapolis, will begin a search this summer for one or two all-cap global equity managers to run up to about $300 million total, said Patricia Gerrick, chief investment officer. The $10 billion fund will hire a growth equity firm or, possibly, both a growth and a core equity manager, she said. System officials want to complement the value investing style of Brandes Investment Partners, which will run about $250 million in all-cap global value equities as part of the system’s new global investment strategy. Ms. Gerrick said.