IPE-QUEST: European fund screens for US equities

EUROPE – A European pension fund is screening for investment management firms for two $300m US large-cap enhanced equity mandates via IPE-QUEST.

The search (QN641) says the two briefs will be awarded with expected funding in the fourth quarter of 2006.

The mandates will be awarded to managers meeting the following criteria:
- Stable, dedicated, experienced and incentive driven team
- Philosophy of being style-consistent
- Investment process of either purely quantitative or a combination of quantitative and traditional
- Strong risk management with maximum ex-ante tracking error of 2.5% for long only strategies and maximum 5% for long strategies with some shorting flexibility
- Attention to and responsibility for capacity
- History of consistent excess performance with a meaningful amount of assets in composite (Managers submitting answers for a long strategy with some shorting flexibility can show back test performance data as long as a “comparable” real long only strategy‚s performance data also can be provided.)
- Willingness to accept performance based fees and related structures

The mandates will not be awarded to purely traditional managers.

The closing date is July 20.

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Your first step in manager selection...

IPE Quest is a manager search facility that connects institutional investors and asset managers.

  • QN-2488

    Asset class: Euro Investment Grade (Enhanced) Passive ESG Credits.
    Asset region: Europe.
    Size: EUR 500 to 600 million.
    Closing date: 2019-01-10.

  • DS-2497

    Closing date: 2019-01-09.

  • QN-2498

    Asset class: Fixed Income Investment Grade.
    Asset region: Global Developed Markets.
    Size: $50m.
    Closing date: 2019-01-07.

  • DS-2499

    Closing date: 2019-01-02.

  • DS-2500

    Closing date: 2019-01-10.

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