Smith College’s endowment returned 6.7% for its fiscal year ended June 30, ending the year with $1.9 billion in total endowment assets, the Northampton, Mass.-based college reported.
Smith’s annual report revealed that annualized returns for the three, five and 10 years ended June 30 were 12.4%, 11.5% and 9.5%, respectively
At fiscal year-end, the endowment's asset allocation was 33% global equities, 32% private partnerships, 27% alternatives, 6% fixed income and 2% cash.
Individual asset class returns were not provided.