LSU Foundation, Baton Rouge, which helps build private financial...

LSU Foundation, Baton Rouge, which helps build private financial support for Louisiana State University, hired RS Investments and AQR Capital to run a total of $12 million in active domestic small-cap value equity, replacing Heartland Financial, said Philip Griffith, investment director. Mr. Griffith would not say how much each manager would run. The change was made for diversification and not based on performance, he said.