Cocoa (Fla.) Firefighters' Pension Fund hired Aristotle Capital Management to run $3 million in active domestic smidcap equities, said Steven Roth, chief investment officer at Dahab Associates, the $18 million pension fund's investment consultant.
The pension fund issued an RFP in October. Other finalists were New Amsterdam Partners and incumbent manager SouthernSun Asset Management.
As of Sept. 30, the pension fund's allocation was 40.7% domestic large-cap equities, 18.8% domestic smidcap equities, 17% fixed income, 9.3% real estate, 7.9% international equities and 6.3% cash.
