Indiana University Foundation, Bloomington, returned 2.8% on its pooled fund investments for the 12 months ended June 30, vs. 1.5% for the benchmark and 18.4% for the year ended June 30, 2014, said a report on the university's website.
The foundation returned 1.3% in the quarter ended June 30, raising its total assets to about $2 billion. The assets were up 1.4% from a year earlier. The quarterly return outperformed the foundation's 0.2% custom benchmark.
Its asset allocation was 42.9% alternatives and other investments, 21.7% U.S. equity, 14.9% international equity, 12.8% domestic fixed income, 6% cash and 1.7% international fixed income, all as of June 30, 2014, the latest data available.
Kathy Gutowsky, spokeswoman, said the foundation would not provide further information on the returns.
