Carnegie Mellon University endowment posts 13.2% return for FY2017

The Carnegie Mellon University endowment has posted a 13.2 percent return on its investment performance for fiscal year 2017, according to Charles Kennedy, CIO of the university in a report.

More significantly, given the long-term goals of the investment strategy, the university’s three- and five-year returns were 6.4 percent and 9.4 percent, respectively. The university’s one-year return followed a return of –0.9 percent for fiscal year 2016 and 7.4 percent for fiscal year 2015.

The endowment’s market value also increased to $1.72 billion as of June 30, 2017, from $1.31 billion as of June 30, 2016.

As of June 30, 2017, the endowment’s target/actual allocations include: private equity (30 percent/23 percent); real assets (15 percent/10 percent); U.S. public equities (14 percent/20 percent); hedge funds (13 percent/10 percent); international – emerging (9 percent/14 percent); international developed (6 percent/9 percent); and other (3 percent/1 percen