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The authority is seeking an investment advisor for its retirement funds.
The new hire will work to develop strategic sales plans for the U.S. insurance market.
The firm closed its fund at $450 million with support from pension funds, endowments and foundations and family offices.
The firm saw high demand for the fund, which exceeded initial targets and showed representation from existing and new investors.
The new hire will co-head the firm’s business development team and bolster its institutional distribution capabilities.
The plan hired two managers to fill its maiden domestic small-cap equity target and committed to a new timber manager in August.
The selected manager will handle proceeds from an upcoming bond sale.
The plan last conducted a similar search in 2014, which resulted in the hire of its two incumbents.
The plan committed $10 million to an existing real estate manager last month.
The plan will issue the RFP after making its first investment in the asset class.