The Pensacola (Fla.) Police Pension Fund hired Integrity Fixed Income Management to run $18 million in a core fixed-income portfolio, confirmed Cheryl Jackson, administrative officer for the $276 million fund. The assets had been managed by two executives of Trusco Capital Management - Earl Denney and Chris Caputo - who started Integrity last year, she said. Mr. Denney is Integrity's CIO and Mr. Caputo is senior research analyst.
Bogdahn Consulting assisted.
(updated with correction)