IPE QUEST - A German pension fund is tendering a mandate to invest $150m (€110m) in US equity, using IPE Quest.
The large-cap equity mandate QN1143 should be run using a core, active management style, while any interested parties should hold at least $500m in assets in a US equity mandate, managing $2.5bn in assets overall.
The pension fund asks that the Standard & Poor's 500 Total Return index be used as a benchmark, while no company with fewer than three years of experience will be considered.
Ideally, any asset manager should have five years of experience.
Interested parties should submit performance data, net of fees until the end of September, by 25 November.
Additionally, a Swiss institutional investor looking to place $1.5bn worth of real estate investments, has extended its deadline for applications by a week.
The Swiss company is looking to invest $1bn in the Asia Pacific market with mandate QN1137.
The company would also consider direct investments in Tokyo, Seoul and Taipei, as well as Singapore, Sydney and Melbourne.
The second mandate to receive an extension is QN1139. Worth $500m, its aim was to invest in Latin America generally, alternatively targeting real estate markets in Mexico City, Rio de Janeiro and São Paulo.
Parties interested in the two property mandates can find additional information in our sister publication IP Real Estate. The deadline for applications is now 16 November.
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 firstname.lastname@example.org.