Miami-Dade Community College Foundation hired Advisory Research to run...

Miami-Dade Community College Foundation hired Advisory Research to run $6 million as its first small-cap value U.S. equity manager for its $50 million endowment, said Eddie Cadens, CFO and treasurer. Funding came from terminating Brandywine Asset Management as a midcap value U.S. equity manager. The hiring resulted partly from a style change and partly from poor performance, he said. Larry Pokora, spokesman for Brandywine, was unavailable for comment.