City of Mobile (AL) Police & Firefighters’ Retirement Plan

Overview

The City of Mobile (AL) Police & Firefighters' Retirement Plan operates as a public defined-benefit pension fund for police and fire personnel employed by the city. The fund's board is chaired by Bryan T. Lee, a retired fire service captain, with Vice-Chairman Matthew M. James serving as a Police Captain. Other board members include Keith Stallings, Matthew Singleton, and Emanuel Roberts, all appointed by the city council or from the ranks of retired officers. The pension fund has no disclosed founding year in public records. The portfolio's private markets strategy centers on buyout fund investments, with a confirmed commitment to Timberland Investment Resources' Eastern Timberland Opportunities Fund, a real-assets vehicle focused on US timberland. Geographic footprint is primarily North America, with timberland investments inside the United States. No named co-investors or public direct deal disclosures exist. The plan has no disclosed team size or AUM figure in public sources. The Director of Pensions, Kathlyn Scott, is the sole named executive staff member. The fund participates in the National Conference on Public Employee Retirement Systems (NCPERS) for RFP postings and industry best practices. No recent operational events (2024–2025) are externally verifiable beyond routine board meetings. A structural differentiator is the board composition: retired first responders who bring operational risk perspective to investment decision-making. The fund uses municipal infrastructure (fiscal officer, pension consultant) for administration and relies on NCPERS and external partners like Timberland Investment Resources for specialized mandates. Governance follows public-pension openness requirements, with board members serving as fiduciary stewards under Alabama state oversight.