University of Vermont and State Agricultural College, Burlington, made four new commitments totaling $24 million for its $734 million endowment pool.
The university's investment subcommittee approved commitments of $8 million each to middle-market buyout fund Arlington Capital Partners VI and value-added real estate fund Bain Capital Real Estate Fund III and $4 million each to venture capital fund Ecosystem Integrity Fund V and venture capital fund Elephant Partners V at its June 21 meeting, recently released meeting minutes show.
The university previously committed $7 million to Ecosystem Integrity Fund IV in 2020 and $5 million to Elephant Partners IV in 2021. There is no record of whether prior commitments have been made to Arlington Capital Partners or Bain Capital.
Investment consultant Prime Buchholz assisted.
University spokeswoman Corinne Thompson could not be immediately reached for further information.