The median plan’s returns rebounded from weak gains in the second quarter and negative returns a year ago.
Five other elite endowments reported returns more than double that of Princeton’s.
The State of Wisconsin Investment Board will divide the investment between two strategies from the private credit firm.
Private investments in insurance are on pace to end the year with their highest total in more than a decade.
The university’s investment portfolio grew by $1.3 billion during the year, reaching $19.2 billion.
Special financial assistance funds will preserve pension benefits for 615 transportation-industry participants.
Norway’s GPFG could be the first $2 trillion pension before the end of next year.
