---
title: Vermont Targeting $75M to Real Estate
description: Vermont Targeting $75M to Real Estate
---

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# [Vermont Targeting $75M to Real Estate](https://dakotafunds.com/dakota-funds/fundraising-news/vermont-targeting-75m-to-real-estate)

 Written by [Helen Bascom, Marketing Associate](https://dakotafunds.com/dakota-funds/author/helen-bascom-marketing-associate) | March 12, 2024

The Vermont Pension Investment Committee has recently reviewed the 2024 real estate commitment pacing target with investment consultant, RVK.

RVK is recommending annual commitments of $100 million; $50 million to a closed-end fund and $50 million to an evergreen fund.

VPIC previously committed $75 million in 2023 to the KKR US Direct Lending Evergreen Fund.

As of September 30, 2023, VPIC allocates 8.9% to private credit with a target allocation of 10%.

*For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of [Dakota Marketplace](https://www.dakota.com/dakota-marketplace)! *

[View full post](https://dakotafunds.com/dakota-funds/fundraising-news/vermont-targeting-75m-to-real-estate)

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