A Tributary Exec Retires

Omaha, NE-based Tributary Capital Management is reshuffling its investment team on the heels of an impending resignation.

Effective February 15, Randall Greer will be retiring from Tributary Capital Management and will no longer serve as a portfolio manager on the Tributary Core Equity Fund, according to a regulatory filing. Also, Christopher Sullivan will also no longer serve as co-PM of the fund.

greer currently serves as a managing director for Tributary Capital Management. He joined Tributary Capital's predecessor, First Investment Group, in November of 2006.

Replacing Greer and Sullivan as PMs will be Donald Radtke “who has been actively working alongside Greer for months in preparation for this transition,” according to the filing. Radtke joined First Investment Group in September 2007. Previously, he served as an equity and fixed income analyst and fund co-manager for WB Capital Management in Des Moines, Iowa.

The 2-Star rated Core Equity fund managed $184.9 million as of February 11 and has an expense ratio of 111 basis points.

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