Case Western's endowment pool reports 7% net return for fiscal year

Case Western Reserve University's $2.3 billion endowment pool returned a net 7% for the fiscal year ended June 30, according to a financial report posted on the Cleveland-based university's website.

The endowment had returned a net -5.7% for the fiscal year ended June 30, 2022.

The report did not provide annualized returns for longer periods, benchmark information or asset class returns for the most recent fiscal year.

For the most recent fiscal year, the endowment pool's return well exceeded the median return of 4.5% among the 32 college and university endowments whose most recent fiscal year returns have been tracked by Pensions & Investments as of Oct. 30.

Returns by asset class were not provided.

As of June 30, the endowment pool's actual allocation was 35.8% private equity, 27.8% absolute return, 16.5% public equities, 15.5% fixed income, 2.3% real estate, 1.1% other, 0.9% venture capital and 0.1% equity real estate.