European Union has to approve the measure, which is aimed at making room for younger workers.
The returns beat pension system peers and are the result of the investment organization’s large commitment to private market investments.
Fund has beaten up to 90% of its peers over the past quarter-century.
Investment gains were lowest among any Ivy League endowment.
University’s investment earnings lead all Ivy League endowments so far this year.
Bulk annuity buyout frees fund from British pension rescue agency.
University portfolio values rise to $26.5 billion, $7.2 billion, respectively.
Endowments surpass median, mean returns for colleges and universities.
Improved performance still lags other major universities.
The Public Investment Corp. approaches $150 billion.
Investment committee research finds companies don’t meet divestment threshold
Solid returns raise fund’s total market value to $78.2 billion.
The $13 billion endowment pool has demolished the 20-year benchmark.
Texas, Virginia returns top 11%; California lags with 8.9%.
US, private equities help propel portfolio to a record-high market value of $5.5 billion.