IPE-QUEST - A European institutional investor is looking to invest $80m (€56m) in Latin American equities, so is conducting a search via IPE-Quest.

Details of QN1028 state the investor will benchmark its active core equities mandate to the MSCI EM Latin American index, and expect the manager to deliver returns within a tracking error of 3-10%.

Performance must be stated gross of fees to 30 April 2009, and the absolute minimum track record required is one year, though three years is preferred.

The firm must hold a minimum of $100m in both the mandate and the company.

Closing date for application is 19 Jun 2009.