Insurer Seeks Evergreen Private Equity, Infra Funds Via IPE Quest [updated]
A Swiss consultant has turned to IPE Quest in its search for private equity and infrastructure managers on behalf of an insurance company.
Two mandates – each worth $40m – (€35.9m) are up for grabs, according to searches QN-2560 (private equity) and QN-2561 (infrastructure).
The insurer is looking for an “evergreen” fund for each of the mandates and in both cases the manager can invest globally.
For the infrastructure mandate, the strategy can be pan-European, and can included both listed and unlisted assets.
A minimum track record of at least five years is preferred.
Asset managers should have at least $3bn in assets under management as a firm, and $1bn for infrastructure or $2bn for private equity.
Applicants to either mandate should state performance net of fees to 30 June 2019. The deadline for applications for both mandates is 30 August at 5pm UK time.
This article was updated with additional information from the investor on 16 August.
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.
EU Negotiators Agree On Sustainability Taxonomy, Approval Still Needed
Efama calls for action on corporate reporting given investor disclosure requirements Read more
Large Dutch Metal Schemes Keep Premium, Accrual Unchanged In 2020
PMT and PME announce significant contribution rise for 2021 Read more
AP1 Hit By New Rules Breach As Head Of Equities Agrees To Quit
Swedish national pension fund says Olof Jonasson bought into firms AP1 later invested in Read more
IPE Conference: Pension Funds Find Changing Public Opinion Is Part Of A PE Investors Role
“Locusts” perception of private equity poses challenges for would-be investors Read more
IPE Conference: Long-term Horizon Hailed As Key To Improved Investment Approach
‘The biggest risk is that you will not achieve any returns in the coming decades,’ says Jaap van Dam, 300 Club Read more
UK Roundup: TPR Debt Recovery Rate Low, £40m Missed
KPMG sells UK pensions practice Read more