DENMARK - Kirstein Finans has tendered around $100m (€85.4m) in active North American small/mid-cap equities via IPE-Quest.

The search (QN552) expects the investment universe to resemble the Russell 2500 (will also consider products with other benchmarks).

Hedge funds and multi-manager products and are not of interest (multi-strategy products though, will be considered).

Both segregated accounts and fund solutions are accepted.

The closing date is December 5.