GLOBAL - A Swiss institutional investor to looking $100-200m (€73-146m) in global developed market small cap equities and is searching for an appropriate manager, using IPE-Quest.

Details of QN1026 state the investor plans to passively invest up to $200m, benchmarked to the MSCI daily TR gross Small Cap World USD index, with a 50 basis points tracking error.

The legal structure could be either a fund or a mandate, according to the investor, but interested parties must file documents by 1 June and state performance to 30 April 2009.