Chicago Metropolitan Water Reclamation District Retirement Fund terminated Holland Capital Management from a $15 million active domestic large-cap growth equity portfolio, said Susan Boutin, executive director of the $1.3 billion pension fund.
Holland Capital, an emerging manager, was terminated for “asset allocation and manager consolidation purposes,” Ms. Boutin said.
Funds will be transferred to Decatur Capital Management, an existing emerging domestic large-cap growth equity manager, bringing its total allocation to roughly $30 million.
