Purdue University, West Lafayette, Ind., announced its $2.6 billion endowment had a net return of 38.6% for the fiscal year ended June 30 in a financial report posted on its website.
The endowment had returned a net -0.7% for the fiscal year ended June 30, 2020.
The financial report did not provide benchmark information, multiyear annualized net returns or return information by asset class.
As of June 30, the endowment's actual allocation was 26.8% venture capital/private equity, 25.3% domestic equities, 13.9% international equities, 7.8% marketable alternatives, 5.7% public real estate, 4.7% emerging markets equities, 4.1% fixed income, 3.2% public natural resources, 3.1% short-term investments, 2.8% private real estate and 2.6% private natural resources.
University spokesman Tim Doty could not immediately provide further information.