APERS Selects Boston Partners as New Large-Cap Value Manager

The Arkansas Public Employees’ Retirement System (APERS) has selected Boston Partners as the Fund’s new large-cap value manager, replacing Lazard Asset Management, according to materials from the August 21st board meeting.

Boston Partners will manage a mandate of $375M in active U.S. large-cap value equities. 

Callan Associates assisted with the recommendation. 

As of June 30, the $11.5B pension fund allocates approximately 39.6% to domestic equity with a target of 39%.

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