A “Swiss-UK” pension fund has tendered a $50m (€36.5m) global hedge fund mandate using IPE-Quest.
According to search QN1398, the investor will consider replicator strategies only.
The passive mandate will target a “minimum tracking error” based on the Barclay Hedge Fund, Credit Suisse Hedge Fund or HFRI FoF indices.
Asset managers should have at least $1bn in assets under management and a minimum track record of five years.
Interested parties should state performance, net of fees, to the end of 2013.
The closing date for applications is 6 March.
The IPE.com news team is unable to answer any further questions about IPE-Quest 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 jayna.vishram@ipe-quest.com.
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