At year-end, the Endowment Pool had approximately $1.31 billion in assets and returned -7.2% for Fiscal Year 2022 verses its Target Benchmark return of -4.6%.  The portfolio’s asset class returns were as follows: -20.9% in global equity, 11.2% in private equity, -4.3% in venture capital, -1.5% in fixed income, 15.9% in private real assets, -2.1% in diversifying strategies. The Endowment Pool provided approximately $47.6 million worth of funding to the University of Utah’s operating budget, which is a 7.1% increase from the previous year. Individual endowment gifts totaled over $48 million.