Callan Associates hired Morgan Dempsey Capital Management to run $28 million in the Diversified Alpha Small Cap Equity Fund, part of Callan’s institutional manager-of-managers program, confirmed Maury McCoy, a spokesman for Morgan Dempsey.
The assets will be run in Morgan Dempsey’s small/microcap value strategy, Mr. McCoy said in a telephone interview.
Mark Stahl, senior vice president and manager of Callan’s domestic equity manager research group, could not be reached for further details.
