Brown reports 16.1% investment gain in year that ended June 30

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BROWN UNIVERSITY posted a 16.1 percent gain on its endowment investments in the year that ended June 30, according to information from the university.
BROWN UNIVERSITY posted a 16.1 percent gain on its endowment investments in the year that ended June 30, according to information from the university.
BOSTON - Brown University posted a 16.1 percent gain on its endowment investments in the year that ended June 30. The endowment’s value rose to $3.2 billion, a record high, from $2.86 billion a year earlier, the Providence-based university said Wednesday in a statement. The annual return averaged over the past five years was 11.5…

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