South Carolina Retirement Systems, Columbia, picked active domestic equity managers Aronson + Johnson + Ortiz and Pzena Investment Management to run value and Sands Capital Management and WCM Investment Management to handle growth, pending approval by the South Carolina Budget and Control Board. Officials for the $25 billion fund have not determined portfolio sizes or sources of funding. The budget and control board will consider approving the hirings at a June 14 meeting.
Mercer Investment Consulting is assisting.
