Breadcrumb Home INTERACTIVE December 12, 2011 12:00 AM Table: U.S. endowment hedge fund portfolio performance Ranked by one-year return; assets, in millions, and performance are as of June 30, 2011. Tweet Share Share Email More Reprints Print InstitutionOne-year returnBench-markOutper-formance %Total fund perform-anceTotalassetsHedge fund assetsHF assets as % of total assetsUniversity of Virginia (long/short equity)*16.3%N/AN/A24.3%$5,347$1,18722.2%Yale University12.7%N/AN/A21.9%$19,900$3,29817.0%The University of Texas System 12.5%6.5%6.0%20.3%$20,100$5,88929.3%University of California12.3%2.5%9.8%20.5%$6,731$1,57123.3%Harvard University11.6%9.6%2.0%21.4%$32,000$5,12016.0%Cornell University (hedged equity)*8.0%13.8%-5.8%19.9%$4,922$5407.6%Cornell University (marketable alternatives)*7.7%5.3%2.4%19.9%$4,922$7658.7%University of Virginia (absolute return)*7.4%N/AN/AN/A$5,347$4388.2%Total$89,000$18,370HFR Fund Weighted Composite index11.50%HFR Fund of Funds Composite index6.68%*Endowment maintains separate hedge fund portfolios. Source: endowment fund documents Related Articles Large endowments grab healthy portfolio gains Recommended for You 2 fixed-income DC mutual funds stand out Graphic: Battered fixed income set for rebound Target-date fund users have various intentions upon retirement Sponsored Content: The Institutional Investor's Guide to ESG Investing Reader Poll January 25, 2023 How will the DOL’s finalized rules impact ESG investing? SEE MORE POLLS > Sponsored White Papers The Future of Infrastructure: Building a Better Tomorrow Fulcrum Issues: Equity Returns and Inflation — Choose Your Own Adventure What Matters Most in Considering a Private Debt Strategy Why pursue direct lending in the core middle market? Research for Institutional Money Management Are Factors a Thing of the Past? View More Sponsored Content Partner Content The Industrialization of ESG Investment For institutional investors, ETFs can make meeting liquidity needs easier Gold: the most effective commodity investment 2021 Investment Outlook | Investing Beyond the Pandemic: A Reset for Portfolios Ten ways retirement plan professionals add value to plan sponsors Gold: an efficient hedge View More