University of Illinois' university and foundation endowments returned a combined 14.7% for the fiscal year ended, June 30, said Jessica Hampson, spokeswoman for the Urbana-based foundation, in an e-mail.
For the three and five years ended June 30, the combined endowment pool returned 9.7% and 12.9%, respectively, according to an endowment report Ms. Hampson provided.
The combined endowment, which has more than $2 billion in assets, has a long-term asset allocation of 24% hedge funds, 17% domestic equity, 13% each real assets and fixed income, 11% international equity, 9% private equity, 7% global equity and 6% emerging markets equity
No further details or breakdowns were available for the combined pools. However, breakdowns were provided for the university endowment, which has about $590 million in assets. The university endowment pool returned 15.7% for the fiscal year ended June 30, slightly below its benchmark of 17.4%.
For the three-, five- and 10-years ended June 30, the university endowment pool returned 11%, 15.1% and 7.6%, respectively.
Domestic equity was the top performer, returning 26.1%, followed by global equity at 23.3%; non-U.S. equity, 22%; private equity, 13.7%; and fixed income and hedge funds, 3.7% each. Fiscal year returns were not provided for real estate.
As of June 30, the university endowment pool had an asset allocation of 24.7% domestic equity, 24.3% global equity, 16.1% fixed income, 9.8% non-U.S. equity, 8.7% hedge funds, 6.9% farmland, 4.2% private equity, 2.9% real estate and the rest in cash.
