College of the Holy Cross, Worcester, Mass., will conduct a shortlist...

College of the Holy Cross, Worcester, Mass., will conduct a shortlist search for an active domestic large-cap growth equity manager to run $20 million, said Carol Arakelian, manager of investments. Cambridge Associates, consultant for the $330 million endowment, will present a list of eight possible managers to the endowment board within the next two weeks. The board will then select up to three managers for interviews. Funding will come from rebalancing. The fund's asset allocation is 63% equity, 28% fixed income and 9% real estate.