The Chicago Metropolitan Water Reclamation District Retirement Fund has awarded four active domestic small-cap equity mandates, Pensions & Investments reports. The $950 million fund has hired GW Capital and WCM Investment Management to manage $17.1 million and $11 million, respectively. Geneva Capital Management will run $12.7 million and Profit Investment Management will oversee $9.2 million, both in growth. The four managers have been appointed for the first time by the retirement fund.
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