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ManagerIdaho PERSI · ID
2026-02 · Med
Hire · Public Equity · Atlanta Capital Management
PERSI's February 24, 2026 Retirement Board packet investment-manager report states Atlanta Capital has been hired to manage a small-to-mid cap quality equity portfolio benchmarked to the Russell 2500 (focused portfolio of 50-60 companies, 5% max position size, 30% absolute sector cap). The portfolio's market value was $708.57M as of January 31, 2026 (2.5% of the $27.9B total fund). The hire is recent (no 3- or 5-year track record shown in the report). Board governance consultant is Mosaic Governance Advisors; general investment consultant is Callan. The Feb 24 agenda also carried a separate Board action item, CIO/DCIO Investment Manager Selection, but the packet did not name that manager.
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