Rice University endowment returned 4.2% for the fiscal year ended June 30, exceeding its policy benchmark return of -0.06%, said a performance report from the Houston-based school.
A breakout of asset class returns was not immediately available.
As of June 30, the $5.6 billion endowment had an asset allocation of 33% publicly traded equities, 16% each in hedge funds and venture capital/private equity, 12% natural resources, 10% real estate, 7% opportunistic and 6% fixed income and cash.
For the three, five, 10 and 20 years ended June 30, the endowment returned an annualized 11.9%, 12.2%, 8.6% and 10.6%, respectively, exceeding its policy benchmarks of 9.2%, 9.2%, 5.8% and 8%, respectively, in each of those periods.
Officials at the endowment could not immediately be reached for additional information.
