Dallas-Fort Worth Airport Employees' Pension Plan hired Biscayne Advisors to manage $12 million in active domestic midcap equities for the $190 million pension plan, according to an airport news release. Funding came from reducing portfolios run by other equity managers, said Michael Phemister, assistant vice president of finance. The large-cap value portfolio run by Barrow Hanley was cut by $6 million; $3 million came from small-cap growth manager Brown Capital; $2 million from all-cap manager Luther King Capital; and $1 million from an international portfolio handled by Fortis Investment. The four managers continue to run equities for the pension plan, which has an overall equity allocation of $115 million, Mr. Phemister said. First Southwest advised.