A Swiss institutional investor has turned to IPE Quest in the search for a global private debt strategy for a CHF1bn (€900m) mandate.
According to QN-2694, the investor is seeking to establish a fund of funds with an investment strategy focussed on direct lending.
This should include, but not be limited to, primary funds, secondary and co-investments. The portfolio can include a minority allocation to other/niche/opportunistic private debt strategies.
The expected net return in Swiss francs is 4-5%. The S&P Global Leveraged Loan Index is to serve as the benchmark.
Applicants should have at least $1bn in assets under management for the asset class, and $5bn as a firm. Performance should be stated to 31 March 2021.
The deadline for applications is 25 June at 5pm UK time.
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 email@example.com.