Ohio State University, Columbus, will probably search for an active international equity manager soon, said James L. Nichols, the school's treasurer and director of the $1.7 billion endowment fund. The portfolio size hasn't been determined, and the open search should be conducted internally, as the fund does not use a consultant. "We've grown so fast that we wanted to hire a few new managers in some areas that we felt are strong," Mr. Nichols said. Additional details have not yet been determined, and the search would be initiated after the fund completes an active domestic small-cap search currently in progress; officials are hearing presentations from four firms in that search. Mr. Nichols declined to identify any of the finalists but said he would recommend a firm to the fund's board in May. The small-cap search is being conducted for diversification, and fund officials are considering value, core and growth managers. "We usually prefer core managers with a growth tilt, but we don't know who we're going to pick yet," he said. Funding will come from cash.