Vermont Commits $60M to Private Equity, VC

The Vermont Pension Investment Committee approved three commitments totaling $60 million to private equity and venture capital, according to draft minutes from the March 26th meeting.

In private equity, $20 million was invested to Nautic Partners Fund XI and $20 million to Harbourvest Partners Co-Investment Fund VII.

And in venture capital, $20 million was committed to HarbourVest Partners Venture XIII.

As of February 29, 2024, the $6.2 billion pension allocates approximately 10.43% to private equity with a target of 10%.

For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of Dakota Marketplace!

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Written By: Helen Bascom, Marketing Associate

Helen Bascom is a Marketing Associate at Dakota.