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Endowments and foundations

Dartmouth College reports net 14.6% return for fiscal year

Baker Memorial Library on the Darmouth College campus

Dartmouth College's endowment returned a net 14.6% in the fiscal year ended June 30, the Hanover, N.H.-based university announced in a news release.

The endowment ended the fiscal year with $4.96 billion in assets.

The university, in the news release, attributed the strong performance to the "broad rise in public markets, both in the U.S. and internationally."

The release said performance was strong relative to the endowment's benchmarks, but the benchmark returns were not disclosed.

For the five, 10 and 20 years ended June 30, the endowment returned an annualized net 10.6%, 6.4% and 10.2%, respectively. The endowment returned a net -1.9% in the fiscal year ended June 30, 2016.

Asset class information was not provided; officials at Dartmouth could not be reached immediately for further information.