FUNDRAISING NEWS | August 12, 2022
Tags: Pension Funds
The Vermont Pension Investment Committee (VPIC) is considering a $50 million follow-on commitment to the Kennedy Lewis Fund III, according to meeting materials from the July 26 meeting.
Staff and consultant, RVK, have recommended the new $50 million commitment to Fund III which would complete the pacing plan of $170 million in commitments to Private & Alternative Credit for 2022.
The VPIC previously committed $50 million to Kennedy Lewis Capital Partners Master Fund II in 2020.
Fund III will invest in illiquid public, private, performing, and distressed opportunities in the US and Europe.
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!
Written By: Koncheng Moua, Director of Data Management and Strategy
Koncheng Moua is the Director of Data Management and Strategy at Dakota.
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