The University of Pennsylvania endowment returned 12.2% in the fiscal year ending June 30, outperforming a 9.2% composite benchmark, according to information on the institution’s website. For fiscal 2025, the California Public Employees’ Retirement System reported that its private equity portfolio returned 14.3%. Over the past three, five, 10 and 20 years, the Penn endowment returned an annualized 6.8%, 11.4%, 9.3% and 8.6%, respectively. Penn’s endowment returned 7.1% in fiscal 2024, 1.3% in fiscal year 2023 and 0% in 2022. Related Stories:University of Pennsylvania Endowment Returns 7.1%Endowments Could Turn to OCIO Amidst Tax Hikes, Liquidity PressuresGeorgetown University Taps Lehigh Endowment for New CIOTags: Endowments, Ivy League, University of Pennsylvania