Duke University’s Endowment Sees Record 56% Gain in Latest Year
- School is latest to see returns of more than 50% in fiscal ‘21
- U.S. colleges are on track for their best showing since 1986
Photographer: Jim R. Bounds/Bloomberg
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Duke University’s endowment returned 56% in fiscal 2021, the latest U.S. college to post eye-catching gains thanks to soaring public markets and investments in private assets.
The performance boosted Duke’s endowment to a record $12.7 billion for the year ended June 30, a $4.2 billion increase, the Durham, North Carolina-based school said in a statement Saturday.