Washington University in St. Louis reported its managed endowment pool returned a net 65% for the fiscal year ended June 30, and nearly doubled its size to $15.3 billion from $8.5 billion a year earlier.
The return well exceeded its benchmark return of 28.4% for the period, university spokeswoman Julie Hail Flory said in an email.
For the three, five and 10 years ended June 30, the endowment pool returned an annualized net 24.9%, 19.2% and 12.2%, respectively, above the respective benchmarks of 11.5%, 11% and 7.7%.
The endowment pool had returned a net 9.9% for the fiscal year ended June 30, 2020.
For the most recent fiscal year, specific asset class return information was not available. Ms. Flory did say the endowment pool's private capital portfolio (which consists of buyout, distressed debt, growth equity and venture capital) returned 82% in the year ended June 30, while the global equity portfolio returned 72%.
