Idaho Endowment Fund Investment Board, Boise, terminated Tradewinds Global Investors, which ran $70 million in active international value equities, confirmed Larry Johnson, manager of investments.
The board, which oversees $1.3 billion, made the move because of personnel changes at the firm, Mr. Johnson said.
The board's investment consultant, Callan Associates, will conduct an invitation-only search for a replacement. Mr. Johnson said a timetable for selection has yet to be determined.
