Searches and Hires

Memphis Light, Gas & Water sticks with Gavion as consultant

Memphis Light, Gas & Water Division, Memphis, Tenn., rehired Gavion as investment consultant, recently released pension fund board meeting minutes show.

The $1.4 billion pension fund issued an RFP in October, the Jan. 23 minutes said. A total of eight firms submitted proposals, the minutes said, with Gavion, Segal Marco Advisors and Wilshire Associates the top three scorers.

Tamara Nolen, MLGW spokeswoman, could not be immediately reached to provide further information.