Sarasota (Fla.) Firefighters' Pension Plan hired DePrince, Race &...

Sarasota (Fla.) Firefighters’ Pension Plan hired DePrince, Race & Zollo to manage $8 million in active domestic small-cap value equities, said Benita Saldutti, plan administrator for the $80 million fund. Funding came from cash. The move was made for diversification. Merrill Lynch assisted.