Stanford University Merged Pool, which includes the universitys $17.2 billion Palo Alto, Calif.-based endowment, returned 6.2% for the year ended June 30, according to a news release. For the 10-year period, the $20.4 billion merged pool returned an annualized 14.2%.
The pool, whose assets are run by Stanford Management Co., also includes the universitys expendable funds and capital reserves from Stanford Hospital and Clinics, and the Lucile Packard Childrens Hospital.
As of June 30, 2007, the most recent information available on Stanford Managements website, the pool had target allocations of 37% to public equities, 18% to absolute returns, 16% to real estate, 12% to private equity, 10% to fixed income and 7% to natural resources.
Kate Chesley, spokeswoman at the university, declined to comment beyond the release.