Congratulations should go to the investment management team at Wesleyan that handles the school’s endowment. For the fourth year in a row the net gains for the Wesleyan endowment outpaced the average returns of the US college and university endowments. 2015’s gain was 5.4% and that bettered the average of 2.4%. Two NESCAC schools had even better performances than Wesleyan’s with Bowdoin coming in at 14.5% and Williams with 6.3%.
It’s interesting to note that Wesleyan’s Chief Investment Officer is one of quite a few proteges of David Swenson of Yale. Others include investment officers at MIT, Princeton, University of Pennsylvania, and Bowdoin. The endowment returns for every one of those schools crushed the average returns for all schools in the US.