The plan moved an additional $30 million to an active equity manager hired over the summer.
The new hire will work to develop strategic sales plans for the U.S. insurance market.
The plan also disclosed private equity, real estate and strategic investments from the third quarter.
The plan created a 3% target to private equity at its board meeting this week.
The new hire will be responsible for expanding engagement with and allocations to minority- and women-owned firms and emerging managers.
The plan is looking to fill a 5% target to liquid real assets within its OPEB portfolio approved over the summer.
The plan reached into its past to hire for the newly created position, which will focus on higher growth and higher risk and reward opportunities.
The deal will create a new private capital platform with more than $60 billion in combined committed capital.
Pacific Asset Management will be renamed Aristotle Pacific Capital.
Bradley Dyslin will take over the role next year from Eric Kirsch, who is retiring.