The Pennsylvania State Employees' Retirement System, Harrisburg, hired NorthPointe Capital and Turner Investment Partners to manage $35 million each in active microcap equities, said Robert Gentzel, spokesman for the $30 billion retirement system. Funding for the new allocation will come from trimming the system's small-cap and midcap equity allocations. The move was made to further diversify the fund's overall domestic equity portfolio.
The Pennsylvania State Employees' Retirement System , Harrisburg...
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