Los Angeles County Employees Retirement Association, Pasadena, Calif....

Los Angeles County Employees Retirement Association, Pasadena, Calif., is searching for one or two firms to run up to $300 million total in a domestic equity emerging manager-of-managers program, said Lisa Mazzocco, deputy CIO. Officials at the $28.9 billion system plan to assign $100 million to $150 million per manager. Selections are expected in early summer. Funding will come from the portfolio's previous manager, Progress Investment, which was terminated in September for performance. Officials at Progress were unavailable for comment by press time.