UNC endowment returns 37.8%, boosted by SpaceX investment gains

Verifying
  • University of North Carolina’s endowment returned 37.8% in the year ended June 30.
  • 37.8% was roughly double Wilshire’s 18.9% median for funds above $500 million.
  • UNC still held more than $1 billion of SpaceX stock as of August.
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