An undisclosed group of pension funds has issued a CHF160m (€130m) mandate for a direct, non-discretionary infrastructure mandate using IPE-Quest.
Under search QN1387, the group said its investment should achieve stable, predictable current income with a conservative risk profile.
The mandate should be diversified across industry sectors and exclude high-risk, nuclear, military and prison investments.
The funds said leverage must also be limited.
Interested parties must be experienced in investing in European infrastructure.
All information must be provided to the end of 2013.
The selection process will be in three stages, with the first round requiring general information regarding the organisation and team.
Queries about this mandate must be sent to info@ipe-quest.com.
The deadline for submissions is 15 March.
Under search QN1389 a UK and Switzerland-based pension scheme has tendered a $20m (€15m) global commodities mandate.
The fund asks that the investment process be active and enhanced, with interested parties using the DJ UBS Commodity TR Index or 1M CHF LIBOR+4% benchmarks.
Managers should have a minimum five-year track record.
All performance data must be submitted net of fees to the end of 2013.
The deadline for submissions is 14 February.
In another search, QN1390, a UK and Switzerland-based pension fund has tendered a $20m global hedge funds mandate.
The fund requests an active investment process with the manager using LIBOR+4% as a benchmark.
Interested parties should have a minimum track record of five years and be a non-benchmark-orientated manager.
Performance data must be submitted net of fees to the end of 2013.
The deadline for submissions is 14 February.
Lastly, under search QN1392, an Asian institutional investor has tendered a global Islamic equity mandate.
The fund is yet to determine the mandate size but requests that the investment process be active.
Interested parties should have a minimum of $100m of AUM and a minimum of £1bn at firm level.
The manager should have a minimum track record of three years.
Performance data should be submitted net of fees to the end of 2013.
The deadline for submissions is 3 March.
The IPE.com news team is unable to answer any further questions about IPE-Quest tender notices to protect the interests of clients conducting the search. To obtain information directly from IPE-Quest, please contact Jayna Vishram on +44 (0) 20 3465 9330 or email jayna.vishram@ipe-quest.com.
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