Page 18 - Endowment Report 2022 | University of Rochester

Asset Allocation and Return

Rochester’s portfolio is divided into 39% traditional Publicly traded equity generated a net return of -18.3%
publicly traded assets—stocks and bonds—and 61% compared to -15.8% for the global stock benchmark.
non-publicly traded investments, such as private equity, Opportunistic funds returned -27.5% and international
hedge funds, and real estate, referred to as “alternative equity returned -12.2%.
investments.” This approach has ensured growth during
Alternative investments generated a net return of -8.9%.
economic expansions and capital preservation in economic
Hedge funds returned -14.8%, private equity funds
downturns, with volatility far below the benchmark.
returned -8.8%, and real asset funds returned 13.7%.
Major asset classes generated the following performances
Bonds and cash returned -4.1% compared to the -3.6%
in fiscal year 2022 (net of fees):
return for the bond/cash benchmark.

Asset Allocation

as of June 30, 2022

2.0% Real Estate 4.6% Fixed Income
11.9% Buyouts

19.4% International Equity

18.3% Venture

3.3% Cash
9.9% Opportunistic Equity
1.6% Distressed

1.0% Mining & Commodities
1.7% Direct Commodities
0.2% Agriculture
23.5% Hedge 2.6% Energy

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