Fund of Funds

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Marquette Associates

Marquette Associates is a fund of funds manager based in Chicago, founded 2010; the Altss profile covers its classification, headquarters, registration, AUM...

Marquette Associates

Marquette Associates provides our clients with independent and thoughtful investment guidance.

General information

Firm type

Fund of Funds Manager

Year founded

2010

Location

Region

North America

Country

United States

City

Chicago

Corporate office

180 North LaSalle Street Suite 3500, Chicago, Illinois 60601, United States

Additional offices

Baltimore, MD · Milwaukee, WI · West Chester, PA · St. Louis, MO

Principals

Jessica Noviskis

Featured on Bloomberg Surveillance (likely Principal/Consultant)

Sector focus

Private EquityFixed IncomeU.S. EquitiesNon-U.S. Equities

Frequently asked questions

Who runs investment decisions at Marquette Associates?

Marquette operates as a partnership of senior consultants and research professionals. The firm does not disclose a single named CIO, but its leadership includes consultants such as Jessica Noviskis, who represent the firm publicly. Investment decisions are made collaboratively by the research team based on independent manager analysis and client objectives (per firm website).

Is Marquette structured as a single family office or does it operate more like a pure OCIO/consulting firm?

Marquette Associates is a pure investment consulting and outsourced CIO (OCIO) firm, not a family office. It advises institutional clients on asset allocation, manager selection, and portfolio monitoring. The firm does not invest its own balance sheet alongside clients, distinguishing it from multi-family offices or direct asset managers.

Does Marquette participate in fund commitments or only direct deals?

Marquette does not commit capital directly to funds or deals on its own behalf. It advises institutional clients on fund and co-investment allocations, including buyout private equity. The firm identifies and monitors managers for client portfolios, but investment commitments are made by the client, not by Marquette (per firm website).

What investment stages does Marquette typically target?

Marquette's coverage spans private equity buyout across vintages, as well as traditional asset classes including U.S. equities, non-U.S. equities, and fixed income. The firm does not specialize by stage but rather by manager quality and fit for client programs. Its research includes all major public and private market segments.

Which sectors does Marquette explicitly avoid?

Marquette does not publicly disclose avoidance of specific sectors. Its research covers broad asset classes without excluding any sectors by policy. However, as a fiduciary, Marquette may guide clients away from investments that conflict with their specific mandates or risk profiles.

How does Marquette source proprietary deal flow?

Marquette does not source proprietary deals as an investor. Its value lies in independent manager research and performance monitoring across a universe of roughly 20,000 institutional plans and over $14 trillion in assets (per firm website, 2026). The firm uses this data to identify and recommend managers to clients. Deal flow is generated by the underlying managers, not by Marquette itself.

Does Marquette maintain philanthropic structures, and how are they separated?

Marquette does not maintain its own philanthropic foundation; its client base includes endowments and foundations, but the firm operates purely as a for-profit consulting entity. Any philanthropic activities are client-specific and separate from Marquette's corporate structure.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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