The Dallas Police & Fire Pension System has selected WCM Investment Management for the Global Growth Equity search that was issued as a result of terminating Invesco at the March 2023 board meeting.
Approximately $120 million is expected to be allocated to WCM.
Five other managers were considered which included C WorldWide, GQG Partners, Intermede, Sustainable Growth Advisers, and T.Rowe Price.
Of the six candidates, C WorldWide, Intermede, T. Rowe Price, and WCM were selected for interview.
The $1.9 billion pension fund’s investment consultant, Meketa, assisted with the search.
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