Amherst Endowment Posts 5.4% Annual Return on Private EquityBy
Value of college's endowment rose about 2.4% to $2.2 billion
Emerging market investments were fund's underperformer
Amherst College, one of the wealthiest U.S. liberal arts schools, posted a 5.4 percent gain in its endowment for the year ended June 30, boosted in part by investments in private equity.
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