A Nordic investor is seeking a manager for a $250m (€216m) global developed market equities mandate, via IPE Quest Discovery.

According to Discovery search DS-2472, the investor wants a US-domiciled pooled fund in order to benefit from tax exemptions for dividends.

The fund should have a multifactor approach with an “enhanced” process.

Managers should have a track record of at least a year for the strategy.

The deadline for submissions is 18 September at 5pm UK time.

Discovery is IPE Quest’s pre-RFI tool, designed to enable institutional asset owners to carry out a preliminary search for managers active in an asset class or region.

The IPE news team is unable to answer any further questions about IPE Quest, Discovery, or Innovation 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.

Other open IPE Quest manager searches:

European investor seeks manager for $100m global equities mandate (closes 13 September)