The plan is considering committing $700 million in commitments to five private market firms.
The CPP Investments President and CEO has overseen the credit investments team since 2018.
The plan will discuss private credit options as well as asset mixes at its August meeting.
A trust fund in a Midwestern state approved the commitments during its board meeting last week.
The plan is looking to invest in opportunistic credit, which would be a new asset class.
The plan hired three international small-cap equity managers and moved from a domestic large-cap value manager to a large-cap core strategy in the first quarter.
The plan may look at adding more one more private credit fund this year.
The transaction closed on April 30.
The plan will review draft RFPs for private equity and private debt managers at a board meeting this month.
The plan made a public equity hire and added five private market commitments.