Danish pension fund tenders mandates on IPE-Quest
DENMARK – A Danish industry-wide pension fund has put out to tender two US equity mandates via IPE-Quest.
The fund is looking for a manager for a 80 million dollar portfolio to be invested in US large cap enhanced index equities, and a manager for a 25 million dollar US small cap equities portfolio.
Both mandates must be managed as segregated accounts, and the fund has stipulated no derivatives and no short selling. Benchmarks have yet to be decided.
The closing date for applications is March 21.
Details on how to apply can be found on www.ipe-quest.com.