FINLAND - A Finnish pension fund is looking for managers for a £150m (€189.5m) UK real estate mandate, using IPE Quest.

In the search, QN939, the fund says it is looking for a core plus/value-added style and active management.

The fund has no preferred benchmark yet and requests suggestions from managers.

Minimum asset sunder management (AuM) for the mandate set by the fund are £250m, while the minimum AuM for the firm are set at $2bn (€1.3bn).

There is no minimum tracking error guideline, though the maximum tracking error is 2%.

Applicants must send in their RFPs by July 31.

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