Tampa (Fla.) General Employees Pension Fund hired LMCG Investments to manage about $17 million in active domestic small-cap value equities, said Natasha Neagu, plan administrator, in an e-mail.
The $658 million pension fund launched an invitation-only search in January following the announcement that previous manager GW Capital would be shuttering its business effective March 31.
Other finalists were Integrity Asset Management and River Road Asset Management.
Investment consultant Asset Consulting Group assisted.
