University of Chicago endowment posts 3.2% return

University of Chicago's endowment returned 3.2% for the fiscal year ended June 30.

Endowment assets grew over the year to $8.6 billion, according to an announcement on the university's website.

For the 10, 15 and 20 years ended June 30, the endowment returned an average compounded 7.7%, 7.4% and 6.6%, respectively, according to the Nov. 12 announcement.

The university did not provide gross or net information, benchmark returns or returns by asset class.

The endowment returned 6.9% for the fiscal year ended June 30, 2019.

The endowment has a long-term strategic allocation of 42.5% global equities; 18.5% absolute return; 17% private equity; 7% each, natural resources and real estate; 6% fixed income; 3% private debt; 2% TRIP protection, and -3% cash and equivalents, according to the university's website.

University spokeswoman Mary Naset could not immediately provide further information.