Brown University's $3.8 billion endowment returned a net 13.2% for the fiscal year ended June 30, well above its 9.7% benchmark, said Brian E. Clark, spokesman for the Providence, R.I.-based university, in an email.
For the three, five and 10 years ended June 30, the endowment returned an annualized net 8.3%, 9.2% and 5.9%, respectively, outperforming their respective benchmarks of 6.1%, 7.2% and 4.5%.
The endowment returned a net 13.4% for the fiscal year ended June 30, 2017.
Mr. Clark said the university does not publicly disclose individual asset class returns.
As of June 30, the actual allocation was 32% absolute-return strategies, 27% public equities, 23% private equity, 8% cash, 5% real assets and the rest in fixed income.