IPE Quest - Danish asset manager Danske Capital is conducting a search to invest $50m-100m (€35m-70m) in African equities, using IPE Quest.

Funds from search QN1182 will be exclusively invested in investment companies in the African continent over the next 12 months.

Interested parties should submit their applications gross of fees and will have until 24 May to apply.

If the fund is not denominated in US dollars, Danske Capital asks investors to submit two performance sheets, one in the fund's own currency and the other hedged to the dollar.

Danske provided no details concerning the style, process or benchmark for the mandate, nor did it set out requirements for candidates' minimum track records or assets under management.

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 direct from IPE Quest, please contact Jayna Vishram on +44 (0) 20 7261 4630 or email jayna.vishram@ipe-quest.com.