Tulane University’s endowment (a combination of its pooled policy portfolio and its eminent scholars portfolio) has posted a return of 4.09 percent for the fiscal year that ended on June 30, underperforming the 7.6 percent average return from foundations and endowments for the fiscal year (per Tulane’s report).
Over the past three, five and 10 years, Tulane’s endowment has generated net annualized yields of 13.4 percent, 9.6 percent and 9.4 percent, respectively, each outperforming foundation and endowment annualized averages for those time periods of 9.5 percent, 6.9 percent and 7.1 percent, respectively.
Tulane’s private capital portfolio returned –3.5 percent for the fiscal year, slightly outperforming the Cambridge Associates combined private equity and real assets index return of –3.9 percent.
Tulane’s fiscal year report states, “the Investment Management’s Office believes that the portfolio’s asset allocation and manager selection will
