Updated:
City of Mobile Police & Firefighters’ Retirement Plan
The City of Mobile Police & Firefighters’ Retirement Plan operates as a defined-benefit pension fund for sworn public-safety personnel in Mobile, Alabama.
City of Mobile Police & Firefighters’ Retirement Plan
The City of Mobile Police & Firefighters’ Retirement Plan operates as a defined-benefit pension fund for sworn public-safety personnel in Mobile, Alabama. Chair Bryan T. Lee and Vice-Chair Matthew M. James both rose through the ranks of the city's uniformed services before taking board seats that oversee the investment of member and city contributions. The plan's governance blends career first responders, city council appointees, and executive staff including Director of Pensions Kathlyn Scott. On the deployment side, the plan allocates capital across private equity buyouts, committing to funds that target control-oriented acquisitions of mature companies. Real-asset exposure includes a commitment to Timberland Investment Resources' Eastern Timberland Opportunities Fund, giving the plan a stake in working forestland across the eastern United States. The plan uses the National Conference on Public Employee Retirement Systems (NCPERS) network to post RFPs and benchmark its investment program against peer municipal systems. The board operates with a consultant-advised model, drawing on a fiscal officer and external pension consultants for manager selection and monitoring. While total plan assets are not publicly disclosed with granularity, the investment committee structure reflects the fiduciary governance typical of mid-sized municipal safety-worker plans — board members include retirees from the police and fire departments alongside council appointees Emanuel Roberts and Matthew Singleton. The structural distinction lies in the board's composition: operational trustees with decades of city service rather than career investment professionals set policy, relying on a layered governance architecture that pairs a Director of Pensions with outside consulting relationships. For allocators assessing access points, the plan's NCPERS membership signals standard institutional procurement channels for managers targeting municipal pension capital.
General information
Firm type
Pension Fund
Year founded
1964
Location
Region
North America
Country
United States
City
Mobile
Corporate office
Mobile, AL, United States
Principals
Bryan T. Lee
Chairman
Matthew M. James
Vice-Chairman
Kathlyn Scott
Director of Pensions
Sector focus
Frequently asked questions
Who sits on the investment committee and what backgrounds do they bring?
The board is chaired by Bryan T. Lee, a retired Fire Service Captain, with Police Captain Matthew M. James serving as Vice-Chairman. Additional board members include retired Police Captain Keith Stallings and council appointees Matthew Singleton and Emanuel Roberts. Executive staff support comes from Director of Pensions Kathlyn Scott, with consulting input from Mary Berg and fiscal oversight from Karen Naman.
What is the plan's exposure to private markets?
The plan commits to private equity buyout funds and holds real-asset exposure through Timberland Investment Resources' Eastern Timberland Opportunities Fund, a vehicle focused on working forestland in the eastern United States. Its private-market program operates through a consultant-advised committee structure typical of mid-sized municipal pension plans.
How does the plan source and select investment managers?
The plan uses the National Conference on Public Employee Retirement Systems (NCPERS) as a primary channel for posting RFPs and engaging with the institutional investment community. Manager selection is supported by an external pension consultant and the plan's fiscal officer, with ultimate fiduciary authority resting with the board.
Is the plan's asset base publicly disclosed?
The City of Mobile Police & Firefighters’ Retirement Plan does not appear to publish a regularly updated asset total through standard municipal reporting channels accessible for this profile. Allocators and managers seeking precise AUM figures should consult the plan's most recent Comprehensive Annual Financial Report or equivalent public filing.
Does the plan invest directly or through funds?
The plan's private-market commitments are structured through limited-partnership interests in commingled funds, including private equity buyout vehicles and a timberland real-asset fund. There is no public indication of direct co-investment or separate-account activity at this time.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on pension funds?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: