University of California, Oakland, endowment returned a net 18.7% for the fiscal year ended June 30, surpassing its benchmark of 16.5%, material prepared for the Sept. 12 board meeting showed.
The $8.3 billion endowment has an asset allocation of 46.1% alternatives, 43.1% equity, 10.2% fixed income and 0.6% cash.
For the three-, five- and 10-year periods ended June 30, the endowment returned an annualized net 9.7%, 12% and 7.7%, surpassing their policy benchmarks of 7.7%, 10.1% and 7.1%, respectively.
William Ryan, director of client relations services in the office of the chief investment officer of the regents, could not immediately be reached for additional information.
