- Advertisement -
- Advertisement -

Related

RFP: Absolute Return Multi-Strategy/Fund of Funds

Latest Report

- Advertisement -

Deadline: February 15th, 2023

(Global Fund Search) – A Danish Institutional Investor is searching for an absolute return strategy for an allocation of EUR 40 million. The mandate will be allocated to one manager and will form part of a well-diversified portfolio.

Mandate details

  1. Absolute return target: 12M LIBOR/12M EURIBOR + 2-3%, Net
  2. Correlation to equities and fixed income close to zero
  3. 12-month rolling drawdowns should be less than -20%
  4. Investment Space: Liquid assets. No private investments in the strategy
  5. Number of underlying strategies/funds:
    1. Fund-of-funds: Minimum 10 different managers
    2. Multi-strategy: Minimum 4 different strategies
  6. Track Record: Minimum 5 years within the proposed strategy (hard restriction).
  7. Minimum strategy AuM: $750m (Soft)
  8. Liquidity: Preferably monthly, quarterly accepted.
  9. Reporting: Monthly/quarterly review of performance and attribution across strategy buckets (for multi-strategy) / strategies (for fund-of-funds).
  10. Fee level/structure: Important

ESG

  • ESG: Live up to UN Global Compact, as a minimum, but ambitious ESG approach are preferred.
  • UN PRI Signatory: Please disclose signatory status
  • SFDR classification: Please disclose which article the fund is. Article 8 preferred.

Process

The replies to this RFP will be used as the first screen (1st round). Managers qualifying for the 2nd round will be asked to answer additional questions and provide further information. A final shortlist will follow from the 2nd round.

Performance data:

Preference for EUR hedged (Gross of fees), USD or other currencies (unhedged) is also accepted.

Vehicle:

  • Fund/Pooled vehicle.
  • No European Union tax haven blacklisted countries where the vehicles are incorporated.

Deadline: February 15, 2023

For more information please visit www.globalfundsearch.com

 

Picture: (c) Bacho—shutterstock.com

Subscribe to HedgeBrev, HedgeNordic’s weekly newsletter, and never miss the latest news!

Our newsletter is sent once a week, every Friday.

Kamran Ghalitschi
Kamran Ghalitschi
Kamran has been working in the financial industry since 1994 and has specialized on client relations and marketing. Having worked with retail clients in asset management and brokerage the first ten years of his career for major European banks, he joined a CTA / Managed Futures fund with 1,5 Billion USD under management where he was responsible for sales, client relations and operations in the BeNeLux and Nordic countries. Kamran joined a multi-family office managing their own fund of hedgefunds with 400 million USD AuM in 2009. Kamran has worked and lived in Vienna, Frankfurt, Amsterdam and Stockholm. Born in 1974, Kamran today again lives in Vienna, Austria.

Latest Articles

Playing ‘Moneyball’ for Investors

Having managed the opportunistic hedge fund Pensum Global Opportunities under the Pensum Asset Management umbrella since 2022, Sector co-founder Peter Andersland has now established...

One Big Winner Lifts Accendo Into the Top Ten

When your portfolio holds six names, one big winner can move the needle in a major way. For Accendo Capital, September proved just that....

Slim Nordic Line-Up at HFM Awards

With Intelligence has revealed the shortlist for the HFM European Performance Awards 2025, featuring an unusually small number of Nordic hedge funds among this...

Record Gold, Rising Momentum

The NHX CTA Index gained in September 2025, supported by a broad-based trend environment. Most of the profits came from precious metals, as gold...

From Rocky Starts to Solid Returns and Milestones

Lynx Asset Management, best known for its flagship trend-following program Lynx, has in recent years expanded its product offering with the launch of Lynx...

Europe’s Infrastructure Transformation: Where the Smart Money is Going

Infrastructure is at the heart of Europe’s economic transformation. Richard Marshall, Head of Infrastructure Research at DWS, explores how subsectors like data centres, renewable...

Allocator Interviews

In-Depth: High Yield

Voices

Request for Proposal

- Advertisement -
HedgeNordic
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.