Cornell University posted an investment return of 3.4 percent for the year ended June 30, lowest among the schools in the Ivy League, with only Columbia University left to report.
The value of Cornell’s fund reached a record $6.3 billion, up 1.6 percent from last year, despite “challenging market conditions,” Albert Edwards, the chief investment officer, said in statement Thursday. The endowment returned an annual 7.2 percent over the past 10 years, the Ithaca, New York-based school said.
