Baylor University, Waco, Texas, hired Lotsoff Capital Management to run $26 million in active domestic small-cap core equities for its endowment, said Christopher J. Tocco, research analyst with Hammond Associates, the plan's consultant. Funding came from a manager terminated earlier this year, Mr. Tocco said. He would not provide further details, and officials with Baylor did not return calls for comment by press time.
The endowment has $614 million in assets, according to the Money Market Directory.
