Mobile (Ala.) Police & Firefighters Pension Fund hired AndCo Consulting as investment consultant, said recently released board meeting minutes.
The $155 million pension fund issued an RFP in July. Consequent Capital Management, which in February acquired the pension fund's incumbent consultant, Gray & Co., was eligible to rebid, but whether the firm did so could not be immediately learned.
The other finalists were Gavion, Segal Marco Advisors and Southeastern Advisory Services.
Mary Berg, pension coordinator, could not be immediately reached to provide further information.