University of Chicago's endowment returned 6.6% for the fiscal year ended June 30, raising its market value to $6.67 billion, according to a statement released by the endowment.
The endowment returned an annualized 10.6% over three years, 4.8% over five years and 10% over 10 years, all as of June 30.
“The strong recovery of the endowment after the global financial crisis of 2008 and 2009 has taken place even as the university established a lower risk profile and significantly improved liquidity,” according to the statement.
The 10-year return is 150 basis points over its benchmark and 60 basis points over peer endowments. No further information on benchmarks was provided. However, the endowment was 60 basis points below the peer average for three-year returns and 480 basis points below for the one-year figures.
Officials at the endowment were not available for additional information.
