The county expects to award a contract between May and June.
The fund surpassed its $2.75 billion fundraising target.
AAM will become the U.S. retail distribution arm of SLC Management, Sun Life’s institutional alternatives and fixed-income asset management business.
The plan will consider active core and core-plus fixed-income manager hires in May as a result of a new asset allocation that also eliminated its 2.5% risk parity target yesterday.
She will serve alongside existing Co-CIOs Bob Prince and Greg Jensen.
He will join the firm on May 1 from APG Asset Management.
The plan has appointed two executive v.p.s to replace employees who will depart in the coming months.
The plan is seeking one or two separate account managers to establish emerging manager programs for real assets and real estate.
He has been with the firm for 11 years and most recently served as head of education savings.
She first joined the firm in 1984 as a member of its municipal bond team.