Swarthmore College endowment returned a net 2.5% for the fiscal year ended June 30, said Mark Amstutz, chief investment officer, in an e-mailed statement.
The endowment’s 2015 fiscal year benchmark return was not disclosed.
Longer term, for the three, five and 10 years ended June 30, the $1.89 billion endowment returned an annualized 10.5%, 11.5% and 8%, respectively.
At the end of June, the Swarthmore, Pa.-based endowment had an asset allocation of 22.9% international equity vs. its long-term target of 19%; 22.7% domestic equity vs. a target 19%; 16.6% private equity vs. a 20% target; 10.2% cash equivalents vs. a 10% target; 9.3% real assets vs. a 13% target; 5% domestic bonds, matching its 5% target; and the remainder in other equity.
A breakdown of asset class returns was not available.