An undisclosed pension fund based in Eastern Europe has tendered a multi-asset mandate using IPE Quest.
According to search QN-2180, the size of the mandate is to range between €20m and €40m.
According to the client, the multi-asset fund can include any combination of equities, debt instruments and cash/money markets as core assets in the portfolio.
The scope is global, although OECD countries are preferred.
The client said it was seeking absolute return, risk-targeted or risk-managed funds.
The mandate calls for a minimum track record of three years, with at least €300m in assets under management within the asset class itself.
Funds should be long-only, and derivatives are allowed for hedging purposes only.
Interested parties should state performance, gross of fees, to the end of April.
Applicants are encouraged to respond promptly, as IPE Quest will need to send further documentation.
The RFP will consist of completing three Word documents that need to be submitted by 30 May.
The IPE news team is unable to answer any further questions about IPE Quest tender notices to protect the interests of clients conducting the search. To obtain information directly from IPE Quest, please contact Jayna Vishram on +44 (0) 20 3465 9330 or email jayna.vishram@ipe-quest.com.
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