Northampton County Employees Retirement Fund, Easton, Pa., hired CIM...

Northampton County Employees Retirement Fund, Easton, Pa., hired CIM Investment Management to manage $67 million in a domestic balanced portfolio, said Pat Strunk, information manager. CIM will run $40 million in active large-cap core equities and $27 million in government fixed income. The $186 million pension plan funded the move by terminating Garrison Institutional for the performance of a similar portfolio, Ms. Strunk said. Peirce Park Group assisted. Thomas A. Dattilo, chairman and CIO of Garrison, was not available for comment by press time.