Sarasota (Fla.) Firefighters' Pension Fund hired Sawgrass Asset...

Sarasota (Fla.) Firefighters' Pension Fund hired Sawgrass Asset Management to handle $10 million in active domestic large-cap growth equities, said Benita Saldutti, pension administrator. Funding came from trimming a $20 million active domestic large-cap growth equity portfolio run by Montag & Caldwell. Merrill Lynch assisted the $85 million plan with the invitation-only search.