Vanderbilt University's endowment, Nashville, Tenn., returned a net 6.7% in the fiscal year ended June 30, according to a financial report on the university's website.
The report did not provide benchmark information, return information for asset classes or long-term returns. The $6.3 billion endowment returned a net 12.6% for the fiscal year ended June 30, 2018.
During the fiscal year, the value of the endowment increased 36% from $4.6 billion as of June 30, 2018. The marked increase beyond the endowment's investment returns was attributed in the financial report "after the impact of distributions in support of operations and the addition of new gifts and quasi-endowments, including the addition of the proceeds from (a) securitization transaction."
As of June 30, the endowment had an asset allocation of 29% global equities; 23% private capital; 22% hedged strategies; 11% fixed income; 6% cash and cash equivalents; 5% natural resources; and 2% commodities and real estate.
University officials could not be immediately reached to provide further information.