Positive Investment Return Positions Brown Endowment to Advance Support for Academic Priorities
October 19, 2023
October 19, 2023
PROVIDENCE, Rhode Island, Oct. 19 -- Brown University issued the following news release:
Over recent years, high-performing alternative investments helped to propel Brown University's endowment to record values. In a Fiscal Year 2023 marked by solid returns in the stock market but more modest returns from alternatives, Brown's endowment generated a 2.7% investment return over the 12-month period that closed on June 30, 2023.
With $174 million in investment gains, $175 m . . .
Over recent years, high-performing alternative investments helped to propel Brown University's endowment to record values. In a Fiscal Year 2023 marked by solid returns in the stock market but more modest returns from alternatives, Brown's endowment generated a 2.7% investment return over the 12-month period that closed on June 30, 2023.
With $174 million in investment gains, $175 m . . .