Missouri Local Government Employees Retirement System, Jefferson City, is conducting an invitation-only search for an active domestic midcap growth equity manager to run $90 million, said Brian Collett, chief investment officer, in an e-mail.
The $6 billion pension fund has narrowed its list to five potential managers to replace Quantum Capital Management, which the pension fund terminated in October due to personnel changes. The pension fund is currently not releasing the names of the managers, Mr. Collett said.
Mr. Collett said the pension fund plans to announce a new manager in March.