---
title: Mellon Selected for Russell 1000 Value Index Search
description: Mellon Selected for Russell 1000 Value Index Search.
---

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# [Mellon Selected for Russell 1000 Value Index Search](https://dakotafunds.com/dakota-funds/fundraising-news/mellon-selected-for-russell-1000-value-index-search)

 Written by [Koncheng Moua, Director of Data Management and Strategy](https://dakotafunds.com/dakota-funds/author/koncheng-moua-director-of-data-management-and-strategy) | July 18, 2022

Mellon Investment Corporation was selected by the Firefighters’ Retirement System of Louisiana to manage a Russell 1000 Value Index fund.

The $2 billion Retirement System worked closely with consultant NEPC on the search. State Street Global Advisors was also considered.

As of June 30, 2022, the FRS domestic equity composite represented 27.5% of the total plan. The FRS investment policy target allocation for domestic equities is 27%.

*For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of [Dakota Marketplace](https://www.dakota.com/dakota-marketplace)!*

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[View full post](https://dakotafunds.com/dakota-funds/fundraising-news/mellon-selected-for-russell-1000-value-index-search)

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