Iron Workers Mid-America Pension Fund, Lansing, Ill., may search for an active domestic large-cap growth manager by the end of the year, said Joe Burke, administrator. The $300 million plan's board of trustees would fund the hiring by terminating a manager that runs a similar portfolio, Mr. Burke said; he would not identify the firm, but said it could rebid. The search could be completed by the end of the first quarter. Mr. Burke would not provide further details.
Marco Consulting Group will assist.