Calvert County Retirement System, Prince Frederick, Md., is looking for a domestic large-cap value equity manager for both the $31 million Employees Retirement Plan and the $26 million Sheriffs & Correctional Officers Retirement Plan, said Don Ross, managing director with plan consultant Wainwright Investment Counsel. The manager, which could be active or passive, will run about $4.6 million for the employees' plan and $3.9 million for the sheriffs' plan. The plans share an existing large-cap value manager, which he declined to identify, but fund officials decided it was an "appropriate time" to initiate a search, Mr. Ross said. The existing manager is allowed to rebid. Plan officials will likely select a manager by the end of November.
Calvert County Retirement System, Prince Frederick, Md., is looking...
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