The school announced their endowment figures last month.
Dartmouth’s endowment generated a return of 7.5% for the fiscal year ending June 30, 2019, bringing its total value to $5.7 billion.
In fiscal year 2019, Dartmouth’s endowment contributed over $250 million to the annual operating budget in support of priorities such as robust financial aid packages and faculty compensation, both of which assure Dartmouth’s competitive edge in providing a world class liberal arts education and research environment for all of its students and faculty.
What’s behind the endowment’s performance?
Economics professor Bruce Sacerdote ’90 wrote in an email statement that endowment growth is not only correlated to growth in global equity market, but also a result of strong private investments. Sacerdote cited the example of venture capitalist pursuits, which have the potential to outperform public markets in the long-run. Sacerdote said the higher earning potential in these private investments is due to both their illiquidity, as well as successful money managers.
Read more about Dartmouth’s endowment here.
Post by Marcelino Pantoja