IPE-QUEST: Global corporate debt mandate
GLOBAL - An investment company in the Middle East is looking for managers for a global corporate debt mandate worth up to $500m, using IPE-Quest.
The search, QN921, states the size of the mandate is between $300m and $500m and its benchmark is Libor + Corporate Credit Strategy.
Minimum assets under management a company should hold if they wish to enter a tender application for this particular mandate is $2bn.
The investment firm has requested an absolute minimum track record of two years, with a preferred minimum track record of seven years.
Closing date for this quest is March 25.