Indiana Public Employees' Retirement Fund, Indianapolis, hired Hotchkis & Wiley Capital Management to run $330 million in active domestic large-cap value equities for the $10.1 billion plan. Funding came from terminating Merrill Lynch, which ran the same style, earlier this year because of personnel departures. Funds were parked in a Barclays Global Investors large cap index fund. Mercer assisted. Further details could not be learned by press time.