Transit Management of Southeast Louisiana Inc. , New Orleans, hired...

Transit Management of Southeast Louisiana Inc., New Orleans, hired Westcap Investors to manage $4 million in active domestic small-cap growth equities for the $93 million pension plan, pending contract negotiations, said Maggie B. Foster, plan administrator. Ms. Foster said funding came from terminating a manager that she wouldn’t identify — which ran the money in the same style — because of performance.