EquitySuper, with A$1 billion (US$1.025 billion) in assets, hired Tribeca Investment Partners to run A$20 million in small-cap equities.
The mandate follows EquitySuper’s integration with the A$280 million OAMPS super fund.
OAMPS had been with JANA’s implemented consulting service.
Equity Trustees, which controls EquitySuper, retained its other small-cap manager, BT.
EquitySuper also invests in Tribeca’s alpha extension long/short fund, called Alpha Plus, allocating A$20 million in December 2006.
Greg Bright is publisher of Investment,Sydney.