University of Dayton, Dayton, Ohio, hired DeMarche Associates as consultant for its $375 million endowment, said Delanie Moler, investment officer. The plan has not retained a consultant for the last several years, she said.
DeMarche is beginning a comprehensive review of the fund, which will likely lead to changes in the plan's asset allocation model in the second quarter. The asset allocation is 75% equity, 20% fixed income and 5% alternatives.