The University of California’s endowment returned 8.2% for the fiscal year ending June 30 raising its total asset value by $7.4 billion to $126.1 billion.
Private equity was the top-performing asset class for fiscal 2019, returning 27.4%, followed by fixed income, which earned 7.5%. Absolute return, real estate, and real assets returned 7.2%, 7.0%, and 6.2% respectively, while public equities and cash returned 4.6% and 3.3%. “Other investments” returned 12.5% for the year.
The UC Total Return Investment Pool earned 6.3% for the fiscal year, while the UC Short-Term Investment Pool earned 2.3% for the year.