Stanford University’s Merged Pool, which consists of its $19.5 billion endowment, generated returns of 22.4 percent for the fiscal year ended June 30, Pensions & Investments reports. The return in the previous year was 14.4 percent. Overall, investment income at the Palo Alto–based university is likely to increase by 7.7 percent for the present fiscal year ending June 30.
Massachusetts Institute of Technology’s endowment fund returned 17.9 percent. The school’s endowment and similar funds saw a total $9.713 billion in assets for the fiscal year ended June 30, up 16.8 percent from the past year. Including the pledges for endowed purposes, the Cambridge-based school’s endowment funds totaled $9.854 billion, up 16.4 percent from the previous year.
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