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Vermont slates $30 million for HarbourVest fund of funds

Vermont Pension Investment Committee, Montpelier, committed $30 million to HarbourVest International Private Equity Partners VIII, a buyout fund of funds focused outside the U.S. managed by HarbourVest Partners, for the $4 billion Vermont State Retirement Systems, said Katie Green, investments manager, in an e-mail.

The committee approved the commitment at its Dec. 13 meeting, the latest in a long series of commitments to HarbourVest Partners funds for the pension plan.

Most recently, the committee committed $30 million to Dover Street IX, a secondary private equity fund, in November 2015.