An institutional investor based in the Middle East has used IPE’s Discovery* platform to announce it is conducting research on global REITs through an open-ended pooled fund.

According to search DS-2621, the investor – which has earmarked $120m (€100m) for a potential investment – is calling for interested parties to submit different strategies by 22 September, 5pm UK time.

Participating asset management firms will need a minimum track record of five years and will need to respond directly via the Discovery to register interest.

*Definition of Discovery: Pre-RFI tool which enables institutional asset owners to carry out a preliminary search for managers active in a particular asset class or region. Asset owners can also use this tool to research an asset class they are looking at for the first time. Discovery is free-to-view so payment only applies if you decide to respond.

The IPE news team is unable to answer any further questions about IPE Quest, Discovery, or Innovation 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.

Italian scheme calls for bids for three mandates

Fondo di Previdenza Mario Negri, the Italian pension fund for executives of commercial, haulage and transport companies, is calling for fund managers to bid for three mandates it is tendering: US convertible bonds, European equity and global equity.

According to an announcement, the Roma-based scheme is asking that participating managers request further mandate details via email and submit their interest by 22 September, 2pm local time.

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