Vermont State Teachers' Retirement System

About Vermont State Teachers' Retirement System

Vermont State Teachers' Retirement System's investment portfolio is valued at $2.60 billion, as of December 31, 2021, with investments in hedge funds, real estate, infrastructure, real assets & natural resources, private equity, publicly traded equities, fixed income securities, and cash, and other alternative asset class funds. As of December 31, 2021, the private equity portfolio was valued at $307.65 million, representing 11.8% of the total portfolio. This is an increase compared to September 30, 2020, when the private equity portfolio was valued at $271.77. The private equity portfolio is currently underweight compared to the target allocation of 10%. As of December 31, 2021, the fund's private equity return for the quarter, 1 year, 3 years, 5 years, and 10 years were 7.79%, 25.39%, 59.28%, 31.72%, and 26.25% respectively. Investments in private equity include funds of funds, secondaries, buyouts, diversified private equity, private equity growth expansion, and venture capital fund strategies diversified in geographical locations across the globe. The fund's investments are governed by the board of trustees, with Mr. Jon Harris serving as Chairman of the Board of Trustees. RVK serves as LP Consultant.