Syracuse University endowment scores big with 8.6% return

Syracuse University’s $1.85 billion endowment returned a net 8.6% for the fiscal year ended June 30, said Scott Kemp, treasurer for the Syracuse, N.Y.-based university. For the three and 10 years ended June 30, the endowment fund returned an annualized net 11.3% and 8.1%, respectively.

For the most recent fiscal year, Syracuse posted the third-highest return among the 39 college and university endowments whose returns have been tracked by Pensions & Investments as of Nov. 8. The median return is 4.4%.

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