<!-- Swiftype Variables -->

Endowments and Foundations

University of Kentucky endowment returns 10.2%

University of Kentucky, Lexington, returned an estimated 10.2% on its $1.4 billion endowment for the fiscal year ended June 30, ahead of its 9.4% policy benchmark, said Todd Shupp, chief investment officer, in an email.

A breakout of asset class returns was not immediately available.

The endowment's fiscal year return is still subject to change as not all managers have reported values as of June 30 yet, Mr. Shupp noted.

Last fiscal year, the endowment returned -1.5%. Its long-term return target is 7.5%.

Further information, including whether the fiscal-year return was net or gross, was not available.