University of the Pacific Endowment Returns 1.9% for Fiscal Year 2015
University of the Pacific's Endowment returned 1.9% for the 12 months ended June 30, 2015 vs. 0.3% for its custom benchmark, reported Bayani Jol Manilay, Assistant Vice President and Chief Investment Officer for the University. For the period ending June 30, 2015, Pacific's endowment had total assets of $385 million, down 0.3% from June 30, 2014. Over the last three years, the endowment has returned 10.4% on annualized basis. Over the last five, the annualized endowment return has been 9.4%. The endowment's current target asset allocation is 30% domestic equities, 20% international equities, 15% fixed income, 13% marketable alternatives, 12% private equity, and 10% real assets.