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Impact Investing

IPE special report May 2018


IPE-QUEST: tender for up to $50m defaulted debt

SCANDINAVIA – A Scandinavian pension fund has tendered for a manager to invest up to $50m (€37.9m) globally or regionally in defaulted debt via IPE-QUEST.

The investment universe may cover: trade claims, bank debt, corporate debt and creditor claims.

The preferred vehicle is a pooled fund solution (for example, Dublin or Luxembourg). The style is passive or semi-active. The scheme is open to suggestions about benchmark.

The brief calls for a long-only strategy without any use of derivatives or gearing and at least three years of performance data.

The closing date is March 1.

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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-2435

    Asset class: CLOs.
    Asset region: Global.
    Size: USD 50m.
    Closing date: 2018-05-22.

  • QN-2436

    Asset class: Real Estate - Core Open-ended Real Estate Equity Fund (non-listed).
    Asset region: Asia Pacific.
    Size: Approx. CHF 70-100m per investment.
    Closing date: 2018-05-25.

  • QN-2438

    Asset class: High Yield Bonds.
    Asset region: US.
    Size: USD 300 million.
    Closing date: 2018-05-25.

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