University of Vermont confirms $5 million commitment

The foundation has backed a North American-focused venture capital fund.

Institution: University of Vermont
Headquarters: Burlington, United States
AUM: $551.10m
Allocation to Alternatives: 15.32%
Bitesize: $5-10m

The University of Vermont approved a commitment of $5 million to Elephant Partners III, according to the foundation’s January 2020 meeting minutes. The North American-focused fund is managed by Elephant Partners.

The $551.10 million US-based foundation has a 10.28 percent allocation to private equity.

As illustrated below, UVM has made five commitments to private equity funds with a 2019 vintage, which combined constitute $27.0 million.

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