University of Vermont and State Agricultural College, Burlington, committed $7 million to TrueBridge Capital Partners Fund VI for its $472 million endowment pool, show recently released investment subcommittee minutes.
The investment committee approved the commitment to the private equity fund of funds managed by TrueBridge Capital Partners at its July 17 meeting.
The subcommittee previously committed up to $8 million to TrueBridge Capital Partners Fund V in 2017.
University spokesman Jeffrey Wakefield would not provide further information.