EUROPE – There are two new searches, for Asia-Pacific equities and pan-European real estate, on IPE-QUEST.
The first (QN507) is for $50-100m in actively managed Asia-Pacific large-cap equities, tendered by a Danish pension fund.
All styles will be reviewed and the benchmark is the MSCI Pacific NDR. A three-year track record is required and managers are requested not to call the fund.
The second (QN508) is for pan-European real estate worth up to $5m, conducted by a firm of independent financial advisers domiciled in Cyprus and regulated by the Central Bank of Cyprus.
The primary performance target is absolute return with 3-4% above LIBOR being optimum.
The firm expects to invest in a pooled fund structure on behalf of retail clients located throughout Europe and the Middle East.
Managers should be able to demonstrate a minimum 12-month track record.
The closing dates are September 9 and 12 respectively.
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