University of Virginia Endowment Return Misses Benchmark by 10.3 Percentage Points
According to UVIMCO, its developed market managers ‘were not able to fully capture the strong gains seen in domestic equities.’
According to UVIMCO, its developed market managers ‘were not able to fully capture the strong gains seen in domestic equities.’
The state’s Land Board will distribute a record $103.2 million to beneficiaries in fiscal 2025.
The university is paying $21 million for 79% of the 95-year-old Fisher Building.
The report gives failing grades to several major university investment offices due to a lack of ‘human rights due diligence.’
During his 28-year tenure, the endowment has posted annualized returns of 12.6%.
While a far cry from 2021’s 53.2% return, the pool outperformed its benchmark by 660 basis points.
Yale’s $41.4 billion endowment could be targeted by the city of New Haven if the proposed legislation passes.
Investment from $152 billion manager comes one month after BREIT had a run on withdrawals.
Returns of 4.4% and 3.2%, respectively, for the Tarheels and Wolfpack are among the best in the U.S. for the year ended June 30.