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