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The plan retained its high-yield bond manager from a field of 28 candidates.
The position will be responsible for global risk management.
The plan will consider hiring five multi-asset credit managers and terminating five existing managers.
Health hedge fund HealthCor Management has agreed to join the firm to build out the strategy.
The plan concludes a search that began in February.
The firm added a chief risk officer to its executive leadership team on Jan. 1.
Firm closed its latest value-add fund with $748 million in capital commitments.
Plan approved two international large-cap equity manager hires after restarting a search last year.
District hopes to make a selection in the search next month.
Report identified emerging risks and key themes to comprehend the challenges and opportunities that corporations and investors may face.