NETHERLANDS - A Dutch pension fund is looking for manager to look after a €10m global fund of hedge funds mandate, using IPE-Quest.

The investment consultant conducting the search, QN971, said the Dutch scheme is seek for fund of funds diversified over a variety of hedge fund strategies (eg relative value, event-driven, long-short equity, global macro).

The preferred benchmarks is Libor + 3-5%, or a comparable fund of hedge fund index.

The mandate should be fully hedge to EUR, using a pooled account vehicle.

Elsewhere, a continental European pension fund has said it is looking to award a $80m (€54.6m) USA high yield debt mandate.

In the quest, QN970, the fund stated the preferred benchmark is the Merrill Lynch US High Yield constrained index.

The search QN971 closes on October 9, while QN970 closes the day after, on October 10.

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