Industrial Employers & Distributors Association , Emeryville, Calif....

Industrial Employers & Distributors Association, Emeryville, Calif., may do an invitation-only search for a manager to run $7 million in active domestic small-cap growth, said David McKenzie, administrator and trust secretary. The $130 million pension plan put current manager TCW, which manages the money in the TCW Galileo Fund, on watch for performance, he said. If performance doesn’t improve, consultant Alan Biller & Associates likely will present a list at the Sept. 26 board meeting of up to three candidates to take over the assets, he said. Marc Stern, president of TCW Group, did not respond by press time.