An undisclosed European pension fund has tendered a $200m (€160m) microfinance debt mandate using IPE-Quest.
According to search QN1468, the client’s preference is for a segregated account or single investor fund.
Asset managers should have a three-year track record (preferably five) and at least $500m in assets under management (AUM).
Minimum AUM and track record are strict limits.
The closing date for applications is 28 November.
Interested parties should state performance – gross of fees – to the end of September.