Vermont Pension Investment Committee, Montpelier, committed $15 million to Siguler Guff & Co.’s Distressed Real Estate Opportunities Fund IIA for the $3.7 billion Vermont State Retirement Systems, said Matt Considine, director of investments, in an e-mail.
The committee approved the commitment at its meeting on Tuesday. The committee previously committed $40 million to Siguler Guff’s Distressed Real Estate Opportunities Fund II in February 2014, and another $10 million to Distressed Real Estate Opportunities Fund II Co-Investment Fund in August 2015.
