Marquette University, Milwaukee, hired Stratford Advisory Group as an investment consultant for the schools $250 million endowment fund.
Stratford replaces Fund Evaluation Group, which was included in the search, said John Hansen, director of treasury at Marquette.
Stratford will complete in early March an asset allocation study that may result in an increased allocation to alternatives. The current asset mix is: 55% domestic equity; 10% international equity; 25% U.S. fixed income; and 10% alternatives.