University of Vermont and State Agricultural College, Burlington, committed $10 million to Audax Private Equity Fund VII for its $764 million endowment pool.
The university's investment subcommittee approved the commitment to the buyout fund managed by Audax Group at its Feb. 22 meeting, recently released meeting minutes show.
Investment consultant Prime Buchholz assisted.
University spokeswoman Erin Dickinson could not be immediately reached for further information.
