City of Baton Rouge (La.)-Parish of East Baton Rouge Employees'...

City of Baton Rouge (La.)-Parish of East Baton Rouge Employees' Retirement System hired Roxbury Capital Management to run $25.5 million in active domestic small-cap growth equities, said Jeff Yates, retirement administrator. Funding will come from trimming existing smidcap and midcap portfolios; no manager will be terminated. The investment is the $890 million pension fund's first small-cap growth portfolio. Consultant Summit Strategies assisted with the shortlist search.