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The plan will issue an RFP later this year after working with its incumbent since 2011.
The analyst will report to Director of Private Equity Allen Waldrop.
The state authority is seeking firms to deploy capital on behalf of four fund opportunities.
She will temporarily fill a position left vacant by Mike Barnhill, who joined the $76.7 billion Alaska Permanent Fund Corporation last month.
The firms will form Lazard Family Office Partners, which will provide strategic advice, wealth planning and investment solutions across public and private markets.
The Treasury is seeking a firm to assist investment staff in managing its $37.7 billion investment portfolios.
The districts are seeking the services for their 457(b) and 401(a) plans.
The plans increased their private equity targets after receiving an asset allocation study in October.
The plan eliminated a 5% target to emerging market debt and redistributed it amongst existing asset classes.
Plans added a re-up commitment to a private equity firm and a new commitment with a real estate firm this week.