Vermont Pension Commits $100M to Private Equity, Private Credit

The Vermont Pension Investment Committee approved two allocations to private equity and private credit, according to notes from their September 26th meeting. 

In private equity, $25 million was committed to the JP Morgan PEG Secondary Fund.

In private credit, $75 million was committed to the KKR Direct Lending Evergreen Fund. 

As of September 30, 2023, the $5.8 billion pension fund has an actual and target allocation to private equity of 10.7% and 10% respectively. The actual and target allocation to private debt was 8.75% and 10% respectively.

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!

New call-to-action

Written By: Jane Bailey, Marketing Associate

Jane Bailey is a Marketing Associate at Dakota.


The leading intelligence platform on institutional and RIA data