University of Texas System's $19.5 billion Permanent University Fund returned 13.4% in the year ended June 30 while the $8.1 billion Long-term General Endowment Fund was up 13.9% for the period, data provided by UT show.
The one-year and multiyear benchmark returns as of June 30 were not immediately available.
The asset allocation is the same for both endowment pools: developed markets equity, 42%; emerging market equity, 18%; natural resources,16%; investment-grade fixed income, 11%; real estate, 7%; and credit, 6%.
The endowment pools are managed for the UT and Texas A&M systems by University of Texas Investment Management Co., Austin.
