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The Fund Evaluation Group, founded in 1988, offers investment consulting services. Its services include asset allocation, policy development, performance reporting, and investment manager search and selection. The company also offers development of various policies that include investment, funding and spending policies. The Fund Evaluation Group specializes in managing a range of assets and plans that include endowment, foundation, funded depreciation, operating fund, pension, planned gift, quasiendowment, retirement and trust plans. It also offers recommendations on a range of alternative investment options, including hedge funds, private equities and real estate funds. The company offers services to various corporates, financial intermediaries and nonprofit organizations that include community foundations, health care institutions, independent schools and religious groups. It is headquartered in Cincinnati.