Tulare County Employees' Retirement Association , Visalia, Calif....

Tulare County Employees’ Retirement Association, Visalia, Calif., hired Wall Street Associates to manage $40 million in active domestic small-cap to midcap growth equities, said David Kehler, retirement administrator. The $700 million pension fund terminated Nicholas-Applegate, which ran $40 million in active domestic midcap growth equities, largely for performance reasons. Rick Shaughnessy, Nicholas-Applegate spokesman, did not return calls seeking comment by press time. Summit Strategies assisted.