Vermont Pension Investment Committee, Montpelier, made a follow-on commitment of $5 million to HarbourVest International Private Equity Partners VII, a Europe, Asia and emerging markets private equity fund managed by HarbourVest Partners, wrote Stephen Rauh, chairman of the investment committee, in an e-mail.
The committee, which oversees the $3.8 billion Vermont State Retirement Systems, originally committed $10 million to the fund in May 2012 as part of an overall $75 million commitment to three HarbourVest funds.
Investment consultant NEPC assisted.
