Searches and Hires

University of Vermont endowment slates $5 million for real estate

University of Vermont and State Agricultural College, Burlington, committed $5 million to Palatine Real Estate Fund III for its $472 million endowment pool, recently released investment subcommittee minutes said.

The subcommittee approved the commitment to the opportunistic real estate fund managed by Palatine Capital Partners at its July 18 meeting. The endowment pool's real assets target is 13%.

University spokesman Jeffrey Wakefield referred questions to the minutes.