St. Louis County Retirement Plan, Clayton, Mo., may consider adding a second small-cap equities manager, according to recently posted minutes of the plans Feb. 22 board meeting. Kari Creighton, a consultant with Summit Strategies, the $435 million pension plans investment consultant, said the fund could easily support an additional small-cap manager, according to the minutes. The plan put its existing active domestic small-cap core equity manager, Batterymarch Financial Management, on watch for performance in November. Batterymarch runs $52 million.
Kirk McCarley, personnel and retirement director, was not available for comment and Ms. Creighton did not return calls for further comment by press time.