University of Pennsylvania's endowment returned 14.3% for the fiscal year ended June 30, said Amanda Mott, spokeswoman for the Philadelphia-based school.
The fiscal-year return outperformed the benchmark by 2.6 percentage points. Endowment assets totaled $12.2 billion as of June 30, up 14% from the year before. The endowment returned -1.4% in the fiscal year ended June 30, 2016.