University of Vermont approves $5m commitment

The US foundation has backed a Western Europe and North America focused fund.

Institution: University of Vermont
Headquarters: Burlington, United States
AUM: $654.69m
Allocation to alternatives: 29.6%

University of Vermont has approved a motion to commit $5 million to the venture capital fund, Ecosystem Integrity Fund III, according to the December minutes of the investment subcommittee. The fund invests in the clean tech, renewable and natural resources sectors.

The $654.69 million university endowment has an undisclosed target allocation to private equity that currently stands at 9.09%.

As illustrated in the charts below, University of Vermont has made two commitments employing as growth equity strategy which combined constitute $10 million.

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