Seattle Library Hires Managers, Thanks to Bigwigs

A source close to the fund said that the foundation will employ the following seven managers: Aeltus Investment Management, Hartford, Conn., will handle a $4 million large-cap core equity fund; Badgley, Phelps & Bell, Seattle, will run a $4 million large-cap core portfolio; Roxbury Capital Management, Santa Monica, Calif., will manage about a $1.5 million small-to midcap growth stock portfolio; Neuberger Berman, New York, will take on about a $1.5 million small- to midcap value equity fund. Pacific Investment Management Co., Newport Beach, Calif., will run a $5 million domestic fixed income portfolio; Capital Research & Management Co., Los Angeles, will handle a $2 million international stock fund and Putnam Investments, Boston, will manage a $2 million international equity portfolio.