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The retirement system will interview four private equity managers at an investment committee meeting this week.
The county deferred compensation plan did not previously work with a firm for the services.
The retirement plan is also expected to conduct a real estate manager search soon.
The retirement system has issued its RFP after initially approving the search in May.
Michael Knapp has joined Angeles Equity Partners as managing director and head of business development.
The new hire joined the firm this month from CAPTRUST Financial Advisors.
The plan replaced one emerging markets equity manager with two new firms in June.
The real estate commitment represents a new relationship for the plan.
The pension fund will review potential alternative domestic small-cap equity managers in November.
The search is being conducted due to the upcoming contract expiration of incumbent Alaska Permanent Capital Management.