MIT generated a market return of 17.9 percent during the fiscal year ended June 30, the Massachusetts Institute of Technology Investment Management Co. said yesterday.
The market value of the university’s endowment was $9.9 billion.
Last week, Harvard University reported that its endowment earned 21.4 percent for the year ended June 30, roughly in line with the performance of other large funds.
Large trusts tracked by the consulting firm Wilshire Associates had a median gain of 21.5 percent over the same period.
The Massachusetts Institute of Technology Investment Management Co. manages and oversees MIT’s investments, retirement plans, and operating funds.