Asset Allocation
University of Chicago Endowment Returns 8.4% in Fiscal 2024
The gain raised the portfolio’s asset value to $10.4 billion, still trailing its $11 billion high from 2021.
The gain raised the portfolio’s asset value to $10.4 billion, still trailing its $11 billion high from 2021.
The university’s investment portfolio grew by $1.3 billion during the year, reaching $19.2 billion.
A new report projects endowment assets will grow 7.9% over the next five years, compared with 4.7% and 4.2%, respectively, for public and corporate defined benefit plans.
The school is shuttering its internal investment office and transferring its duties to management firm Investure.