Vermont Pension Investment Commission

About Vermont Pension Investment Commission

The Vermont Pension Investment Commission's investments are valued at $6.34 billion as of March 31, 2024, with investments in private equity, real estate, hedge funds, infrastructure, real assets, natural resources, publicly traded equities, fixed income securities, cash, and other alternative asset classes. Its return for the quarter, 1 year, 3 years, 5 years, and 10 years were 3.75%, 11.59%, 4.61%, 7.49%, and 6.33% compared to the benchmark return of 3.35%, 11.26%, 4.72%, 7.71%, and 6.36% respectively As of March 31, 2024, the private equity portfolio was valued at $1.21 billion representing 19.1% of the total portfolio. This is an increase compared to February 28, 2023, when the private equity portfolio was valued at $448 million. The private equity portfolio is currently underweight compared to the target allocation of 20%. Investments in private equity include buyouts, distressed debt, debt, secondaries, diversified private equity, private equity growth expansion, and venture capital strategies. As of March 31, 2024, the infrastructure portfolio was valued at $115 million. The pension fund's investments are governed by the executive management team, with Mr. Eric Henry serving as Chief Investment Officer. RVK serves as the LP General Consultant.