University of Illinois Foundation's $1.8 billion endowment pool returned a net 2.6% for the fiscal year ended June 30.
The endowment pool's return fell short of the policy benchmark of 4.2%, according to an investment report on the Urbana-based foundation's website.
For the three, five and 10 years ended June 30, the endowment pool returned an annualized net 8.8%, 5.2% and 8.7%, compared to their respective benchmarks of 8.4%, 5% and 9.2%.
The endowment pool returned a net 8.3% for the fiscal year ended June 30.
A breakout of asset class returns was not provided. The endowment pool had an asset allocation of 62% global equity, 20% macro risk hedges and 18% global diversifying strategies as of June 30.
Foundation spokeswoman Sue Johnson could not be immediately reached to provide further information.