Miramar (Fla.) Firefighters' Pension Fund hired Polen Capital Management to run $9 million in active domestic large-cap growth equities, confirmed Steven Roth, director of manager research at Dahab Associates, the $72 million pension fund's investment consultant.
An RFP was issued in March because previous manager Rushmore Investment Advisors was on watch for performance. The firm, which was acquired by Banyan Partners in August, was invited to rebid.
Other finalists were Boston Advisors, Boston Co. Asset Management, Loomis Sayles and Vision Capital Management.
Denise McNeill, pension fund administrator, referred questions to Dahab.