Orange County Employees Retirement System, Santa Ana, Calif., is searching for an active domestic small-cap growth equity manager and an active international small-cap equity manager, said Keith Bozarth, CEO of the $5 billion fund. The domestic manager will handle about $50 million, and the international manager will run a slightly larger portfolio, with the exact amount still to be determined. Both are new mandates.
No RFP will be issued. Mike O'Leary, consultant at Callan Associates, the system's general consultant, is conducting the first phase of the searches. Interested firms can contact Mark Stahl or Karla Noyola at Callan for the domestic equity search; for the international search, the Callan contacts are Brian Zeiler and Eileen Lee. Fund officials have not determined when they will make a selection.