University of Vermont assigns $5 million to venture capital fund of funds

University of Vermont and State Agricultural College, Burlington, committed $5 million to TrueBridge Global Premier I for its $764 million endowment pool.

The university’s investment subcommittee approved the commitment to the venture capital fund of funds managed by TrueBridge Capital Partners at its April 20 meeting, recently released meeting minutes show.

The committee previously committed $7 million to TrueBridge Capital Partners Fund VI in 2019.

Investment consultant Prime Buchholz assisted.

Spokeswoman Corinne Thompson could not be immediately reached for further information.

Read complete post here:
Source link