St. Augustine (Fla.) General Police Retirement Plan hired Sawgrass...

St. Augustine (Fla.) General Police Retirement Plan hired Sawgrass Asset Management to run $7.5 million in active domestic large-cap growth equities, said Jason Sheffield, spokesman. Funding came from existing manager Principal Financial, which ran the plan’s $15 million in assets in a balanced account. Principal will continue to manage $7.5 million in active domestic fixed income, Mr. Sheffield said.