The City of Sarasota General Employees’ Pension Plan has hired Geneva Capital to manage a small cap growth mandate.
According to meeting minutes from the September 26 board meeting, Geneva will be funded with an approximate $15 million allocation from the previous Allianz account.
The search was initiated after news of Allianz’s small cap team transitioning to Voya.
Other candidates considered for the search included DF Dent and Company and Voya.
Investment consultant, Graystone, assisted the $150 million pension fund with the search.
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!
