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The plan was scheduled to vote on an international equity manager termination this week.
The plans currently work with MissionSquare Retirement.
The commitments conclude a private credit RFP search process that was launched in September.
The new hire will succeed Executive Director Jerry Allen upon his retirement on January 1.
The retirement board made $250 million in total commitments over the last two quarters.
The newest fund surpassed the firm’s $4.75 billion target in less than five months.
The firm has completed fundraising for its fifth debt strategies fund, raising $2.15 billion in equity commitments.
The plan voted to retain its incumbent investment advisor at a meeting last month.
The retirement fund made four private equity commitments totaling $10 million in the second quarter.
The pension plan issued an RFP in April due to its incumbent’s contract expiration.