Brown University's endowment returns top benchmark over various periods

Brown University endowment assets have grown about 10 times since 1995. They reached $6.6 billion in June 2023.

The endowment’s returns topped its internal benchmark over various periods. For the year ended June 30, 2023, the endowment’s 2.7% return bested the aggregate benchmark by 80 basis points. Over 20 years, the endowment returned an annualized 9.8% vs. 7.7% for the benchmark.

The endowment had 40% of its assets invested in private equity, followed by 21% for absolute return. Public equity and fixed income combined for a 22% weight.