Private Equity
After a grueling year for performance, large U.S. university endowments and public pensions saw a bounce in the fiscal first quarter. University endowments with more than $500 million in assets and pension funds with more than $1 billion each gained a median 3.7 percent in the first quarter through Sept. 30, according to results published Wednesday by Wilshire Trust Universe Comparison Service, a database provided by Wilshire Associates.