NETHERLANDS – A Dutch pension fund has tendered up to $200m in pan-European and US small-cap equities in two separate briefs via IPE-Quest.
The first (QN536) is for $50-100m in pan-European small-cap core equities, preferably benchmarked against the MSCI Small Cap Europe index.
The second (QN537) is for the same amount in the US, benchmarked against the Russell 2000.
Both mandates can be managed as a pooled or separate account. Managers must have at least three years of performance history.
Closing date for both is November 18.
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