Davie (Fla.) Police Pension Plan hired ClearBridge Investments to manage $6.5 million in active domestic large-cap growth equities, said William E. Dahab, principal and director of research at Dahab Associates, the $135 million pension fund’s investment consultant.
The pension fund issued an RFP in January because the incumbent manager, Garcia Hamilton & Associates, announced it is closing its large-cap strategy at the end of 2017.
Mr. Dahab could not provide finalist information.