The university did not provide benchmark or long-term returns. The endowment returned 3.4% in the previous fiscal year.
In an announcement posted on the university website, the university said public equity and private equity were the best-performing asset categories. The announcement didn't provide details and didn't discuss other asset classes. John Carberry, a university spokesman, didn't provide additional information by press time.
The office of university investments reviewed "each asset class and its overall approach to managing the endowment," the announcement said. "These efforts are intended to boost performance over the time, increase endowment flexibility, reduce fees and increase responsiveness to changing investment trends."