Brown University’s endowment, Providence, R.I., returned 16.1% in the fiscal year ended June 30, said university spokesman Mark Nickel.
The return was an improvement on the previous year’s 12.6% return.
The top-performing asset class for the $3.2 billion endowment was equity-like credit, which returned 26.1% in the year ended June 30, followed by private equity at 24.5% and public equity at 20.6%.
Other asset class returns were real assets, 19.6%; hedged strategies, 11.4%; and fixed income, -1.5%.
Asset allocation information was not made available.