Iowa Public Safety Peace Officers' Retirement, Accident and Disability System, Des Moines, hired Jennison Associates to manage about $60 million in domestic large-cap growth equity, pending contract negotiations, said Jina Bresson, executive officer for Iowa Treasurer Michael L. Fitzgerald, in an email.
In September, the treasurer's office issued an RFP for a domestic large-cap growth equity manager for the $467 million pension fund due to the expiring contract of existing domestic large-cap growth equity manager Westfield Capital Management, which did rebid.