University of California general endowment reports 15.1% return

The University of California’s general endowment and defined benefit plan both posted double-digit returns for the fiscal year ended June 30, according to investment results on the university system’s website.

The UC endowment grew 15.1 percent for the year ending June 30, 2017, outperforming its policy benchmark by 2.6 percent. The endowment has earned 5.6 percent over three years, 9.4 percent over five years, 5.3 percent over 10 years, and 7.3 percent over 20 years, exceeding its policy benchmark in each of these periods. Over the past three years, the endowment has earned $385 million above the market gains of $1.3 billion.

The UC pension gained 14.5 percent for the year ending June 30, 2017, outperforming its policy benchmark by 1.8 percent. The pension has earned 5.4 percent over three years, 9.0 percent over five years, 5.0 percent over 10 years, and 6.7 percent over 20 years, exceeding its policy benchmark in each of these periods. It gai