BWXT Y-12 , Oak Ridge, Tenn., hired Sands Capital Management to run...

BWXT Y-12, Oak Ridge, Tenn., hired Sands Capital Management to run $135 million in active domestic large-cap growth equities, said Maureen Williams, manager-pension and savings investments. The $2.7 billion pension plan terminated State Street Research because of performance, Ms. Williams said. Towers Perrin assisted with the shortlist search. Alyson Riley, SSR spokeswoman, did not return a call seeking comment by press time.