Bowdoin College's endowment returned a net 10.9% for the fiscal year that ended June 30 and endowment assets rose by $161 million to $2.6 billion, the Brunswick, Maine-based college announced in a news release Oct. 16.
Bowdoin’s investment return “compares with the median return of 10.1% for all college and university endowments for the same period based on preliminary reporting by Cambridge Associates,” the news release said.
For the three, five, 10 and 20 years ended June 30, the endowment returned an annualized net 1.2%, 11.5%, 10.9% and 10.6%, respectively.
“The endowment portfolio is diversified across different asset classes, including domestic and international equities, fixed income, private equity, venture capital, real estate and absolute-return strategies,” said the news release, which didn’t provide asset class returns, benchmark information, or allocation details.
The endowment had returned a net 0.6% for the previous fiscal year ended June 30, 2023.
