Union Pacific Corp., Omaha, Neb., hired Robeco Investment Management to run $50 million in an active domestic microcap value equity strategy in its Weiss, Peck & Greer group for company's $2.8 billion pension fund, according to Robeco spokeswoman Katherine McMillan.
Robeco's Weiss Peck & Greer launched its microcap strategy in October 2008. Since then, its annualized performance has been 13.39%, net of fees, according to Ms. McMillan.
Calls to Sam Mele, director of investment management, and Pam Neuman, administrative assistant at Union Pacific were not returned at press time.
