The head of an $870-million team is leaving Eaton Vance [profile] this fall after a decade with the Boston-based mutual fund shop.

Nancy B. Tooke Eaton Vance Management Vice President, Eaton Vance Management and Portfolio Manager, Small Cap Core Equity

Eaton Vance confirms in a filing with the SEC, followed by a press release quoting chief equity investment officer Edward Perkin, that Nancy Tooke will retire on October 31, the last day of Eaton Vance's fiscal year. Took serves as director small-cap equity at Eaton Vance.

"She's looking forward to spending more time with her family and working with various charitable organizations that she's involved with," Colleen Lavery, a spokeswoman for Eaton Vance, tells MFWire.

Two existing team members, Mike McLean and Griff Noble, will take over the small/SMID-cap equity team. McLean will also continue to serve as an analyst covering consumer discretionary and consumer staples, while Noble will continue to serve as an analyst covering energy, industrials, and materials.

Tooke's duties include being lead PM of Eaton Vance's Tax-Managed Small-Cap Portfolio, which powers the three-star, $100.9-million Eaton Vance Tax-Managed Small-Cap Fund, and of the three-star, $88.8-million Eaton Vance Small-Cap Fund. McLean and Noble have co-PMed those two funds alongside Took since early 2015.

"Nancy has delivered excellent investment results for Eaton Vance's clients," Perkin states. "She has also been instrumental in building and growing our small-cap equity capabilities."

Perkins adds that he is "confident in the ability of Mike and Griff to continue to deliver."

Took joined Eaton Vance in 2006 as vice president and PM for three small-cap funds. A 48-year industry veteran, she previously worked at BBH, ForstmannnLeff, Schroders, and State Street. 

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