Oklahoma Firefighters Pension & Retirement System, Oklahoma City, named four finalists in its search for a domestic large-cap value equity manager to run $75 million, said Troy Brown, director of consulting at The Bogdahn Group, investment consultant to the $2.3 billion pension fund, in an e-mail.
The four finalists — Beutel, Goodman & Co., Brandywine Global Investment Management, Delaware Investments and Eagle Capital Management — will be interviewed at the Jan. 13 board meeting. A hiring decision could be made in February.
Funding will come from Herndon Capital Management, which was terminated from a similar strategy in August over its decision to maintain an overweight to energy, with which the pension fund disagreed. A Herndon spokeswoman declined to comment at the time.