Indiana University Foundation's $3.1 billion pooled long-term investment portfolio returned a net 40.6% for the fiscal year ended June 30.
The return well exceeded its benchmark return of 32.7% for the period, according to an annual report posted on the Bloomington-based foundation's website.
For the three, five and 10 years ended June 30, the investment pool returned an annualized net 13.3%, 12.8% and 9%, respectively, compared to the respective benchmarks of 11.5%, 11.5% and 8.2%.
As of June 30, the investment pool's actual allocation was 40.3% public equities, 30.9% private equity and venture capital, 11.7% real assets, 11.4% absolute return strategies and 5.7% fixed income and cash. Returns by asset class were not provided.
Foundation officials could not be immediately reached for further information.