El Paso (Texas) Firemen & Policemen's Pension Fund hired Goldman Sachs to run $25 million in active domestic large-cap growth equities for the $520 million plan, said Robert Stanton, executive director. State Street Global Markets will be transition manager for the assets, said Mr. Stanton. Funding came from terminating another manager, which Mr. Stanton would not identify. Davis Hamilton Jackson, Sands Capital and Smith Asset Management were the other finalists. Summit Strategies advised.
El Paso (Texas) Firemen & Policemen's Pension Fund hired Goldman Sachs...
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