Norfolk County Retirement System, Canton, Mass., is terminating Harbor Capital Management, which ran $7 million in active domestic large-cap growth equities, because of performance, said Joseph Connolly, chairman. Having issued an RFP, the $340 million pension plan is now selecting a new manager for the portfolio, according to a source at consultant Wainwright Investment Counsel. Further details were not available.
Bill Peck, portfolio manager at Harbor Capital Management, did not return calls seeking comment by press time.