Chesapeake Corp., Richmond, Va., hired Equitable Asset Management as a...

Chesapeake Corp., Richmond, Va., hired Equitable Asset Management as a domestic small-cap manager following the breakup of Apodaca-Johnston Capital Management, said Thomas Smith, vice president of human resources at the $150 million pension fund. Apodaca-Johnston had been hired earlier this year for the $10 million portfolio that now will be managed by Equitable. Adam Craig of Watson Wyatt Worldwide assisted