Claremont McKenna College returns 12.3% for fiscal year

Claremont McKenna College's $2.2 billion long-term investment pool returned a net 12.3% for the fiscal year ended June 30, an annual financial report posted on the Claremont, Calif.-based college's website showed.

The return exceeded the benchmark return of 8.6% for the period, according to the report.

For the five years ended June 30, the investment pool posted an annualized net return of 9.9%. A benchmark return was not provided.

The pool had returned a net 5.2% for the fiscal year ended June 30, 2023.

For the most recent fiscal year, the college’s long-term investment pool performed well above the median return of 10% among the 48 college and university endowments whose returns for the period have been tracked by Pensions & Investments as of Nov. 18.

The college did not provide returns by asset class for the most recent fiscal year.

As of June 30, the investment pool's actual allocation was 36.2% global equities, 25.7% private equity/venture capital, 9.1% U.S. Treasuries, 8.7% each absolute return and real assets, 4.9% global fixed income, 3.9% long/short equity, and 2.8% cash and cash equivalents.