University of the Pacific, Stockton, Calif., hired Frontier Capital Management to run $6 million in active domestic small-cap to midcap growth equities, replacing Roxbury Capital, said Larry G. Brehm, associate vice president for business and finance. Roxbury was terminated because of performance; a portfolio manager there, who asked not to be identified, said the firm had no comment.
The $110 million endowment's asset allocation is 70% equity and 30% fixed income. Canterbury Consulting advised.
