In the latest Nacubo-Commonfund study, endowments under $25 million averaged a five-year annualized return of 10.6 percent versus 10.4 in the $1 billion-plus category.
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In the latest Nacubo-Commonfund study, endowments under $25 million averaged a five-year annualized return of 10.6 percent versus 10.4 in the $1 billion-plus category.