Austin Police Selects Mid Cap Equity Managers

The City of Austin Police Retirement System selected Westfield and MFS as their new Mid Cap Equity managers, according to minutes from the April 17th Board meeting.

MFS will have a mandate of $55 million in mid cap value and Westfield Capital will also receive a mandate of $55 million in mid cap growth. 

This comes following the liquidation of the mid cap equity positions in their portfolio managed by Baird and Nuance. 

As of January 1, 2024, APRS was valued at approximately $1 billion.

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