Champlain Mid Cap Fund (CIPIX) is an open-end mutual fund managed by Champlain Investment Partners, an independent, employee-owned asset management firm founded in 2004 and headquartered in Burlington, Vermont. The fund seeks capital appreciation by investing, under normal conditions, at least 80% of its net assets in common stocks of medium-sized companies that exhibit strong long-term fundamentals, superior appreciation potential, and attractive valuations; the portfolio typically comprises 50 to 75 holdings drawn primarily from the Russell Midcap, S&P MidCap 400, and to a lesser extent the S&P 500 indices. Champlain Mid Cap Fund primarily allocates to U.S. equities across sectors including technology (approximately 27%), healthcare (21%), industrials (20%), consumer defensive (13%), and financial services (13%), with top holdings such as Everest Group Ltd, Fortive Corp, AMETEK Inc, Okta Inc, and Workday Inc; it maintains minor exposures to cash (1.3%) and non-U.S. stocks (0.8%), serving institutional investors including endowments, foundations, pension plans, family offices, and Taft-Hartley plans with a minimum initial investment of $1 million and a net expense ratio of 0.84%. As of late 2025, the fund manages approximately $3.8 billion in share class assets within Champlain Investment Partners' $13.81 billion total assets under management. Champlain Investment Partners continues to execute its fundamental, long-term oriented investment process without major structural changes, strategic alliances, or acquisitions reported in the last 1-2 years; the firm issued its 2024 Sustainability Report, reinforcing commitments to environmental, social, and governance integration, and maintains a stable management team led by veterans including Finn McCoy and Scott Brayman since 2008.