Private Equity Helps Drive College Endowment Returns
- Private equity investments helped performance at college funds
- Schools are now reporting fiscal 2018 investment returns
Photographer: Daniel Acker/Bloomberg
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Private equity helped drive annual performance for the top-performing U.S. college endowments.
Michigan State University posted an 11.1 percent investment gain in fiscal 2018, boosted by private equity, venture and real estate portfolios, “which handily beat their public market counterparts,” Chief Investment Officer Philip Zecher said in an email.