The Rockefeller University's $2.3 billion endowment returned a net 10.7% for the fiscal year ended June 30, said Amy C. Falls, chief investment officer.
For the three, five and 10 years ended June 30, the New York-based university's endowment returned an annualized net 10.1%, 8.5% and 9.6%, respectively, Ms. Falls said.
Custom benchmark information and fiscal year 2019 data was not immediately available.
By asset class, private equity was the best performer for the fiscal year with a net return of 33.7% (no benchmark provided), followed by long domestic public equities at a net 18% (above the benchmark of 7.5%), long emerging-markets equities at 15.9% (above its -3.4% benchmark) and real estate at 7.5% (-13.9%).
Those were followed by fixed income at a net return of 6.9% (compared to its benchmark of 8.7%); long global equities, 2.2% (-5.1%); multistrategy absolute return, 1.7% (0.7%); cash and cash equivalent, 1% (no benchmark); hedge equity, -2% (0.6%); distressed credit, -8.4% (-4.9%); and natural resources, -19.2% (-17.4%).
As of June 30, the endowment's actual allocation was: 30.5% private equity; 12,9% long domestic public equities; 9.9% multistrategy absolute return; 9.5% hedged equity; 8.5% cash and cash equivalents; 7.4% distressed credit; 7.1% long emerging markets equities; 5.8% natural resources; 3.1% fixed income; 2.7% long global equities; and 2.6% real estate.
