Columbia University, New York, reported its endowment produced a 13.7% return for the fiscal year ended June 30.
The endowment's assets as of June 30 were about $10 billion, Robert Hornsby, a university spokesman wrote in an email Tuesday. That is up from $9 billion a year earlier. Mr. Hornsby didn't provide details on the asset class performance or asset allocation. The university did not specify whether the returns were net of fees.