GERMANY – Swiss investment consultant Kottmann Advisory has tendered €100m in small and mid-cap European equities on behalf of a German pension fund client via IPE-Quest.

The search (QN640) says the target is to outperform through active stockpicking and country allocation.

It calls for a segregated vehicle, with the benchmark the HSBC Smaller Companies Index in EUR. Derivatives and securities lending are not allowed.

A minimum five-year track record is required. “The manager must show special experience in this area with at least five-year track record and a significant specialisation in this investment category.”

The closing date is July 5.