Southbridge (Mass.) Retirement Board is searching for an active domestic small-cap equity manager to run $2 million. "We've had the same manager for a while and we wanted to see what else is out there," said Mary E. St. Germain, administrator. The $20 million system has the money invested in an active domestic core small-cap fund with Dreyfus, whose poor performance relative to its benchmark prompted the search, said Rafik Ghazarian, consultant with Segal Advisors, the board's investment consultant. RFPs are available from Segal's Carol Tam at [email protected] The deadline for proposals is March 25. A choice is expected in the third quarter, Mr. Ghazarian said.
Calls to Dreyfus spokeswoman Patrice Koslowski were not returned before press time.