Vermont Pension Investment Committee, Montpelier, committed $50 million each to Angelo Gordon Direct Lending Fund IV and Kennedy Lewis Capital Partners Master Fund II, Chief Investment Officer Eric Henry said in an email.
The commitments to the credit funds were made on behalf of the $4.6 billion Vermont State Retirement Systems. They were approved at a committee meeting in July.
Both are first-time commitments, and funding will occur as capital is called, Mr. Henry said.
