A German family office is seeking to allocate capital to two distinct hedge fund strategies: a market-neutral fund delivering pure alpha and a merger arbitrage fund. According to Global Fund Search, the initial allocation for each mandate is expected to be €5 million, with potential for larger commitments over time. The family office currently invests across a variety of strategies, typically committing between €2 million-15 million per investment.

For the market-neutral fund, the family office seeks:

• Successful market-neutral managers
• Delivering pure alpha consistently
• Strategy and asset class agnostic – the method is irrelevant as long as the returns are alpha-driven and market-independent
• Must be structured as a UCITS fund
• Must comply with the 10 percent target fund restriction, embedded in the fund’s pricing

For the merger arbitrage fund, the family office seeks:

• The best merger arbitrage fund in the market
• With a strong and consistent track record
• Demonstrated risk control, especially around deal breaks and complex transactions 
• Must be structured as a UCITS fund
• Must comply with the 10 percent target fund restriction, embedded in the fund’s pricing

Process outline

• Shortlisting during Q4 2025 
• Implementation – Q4 2025 / Q1 2026

Performance data

• EUR, gross of fees
• If you submit a composite or single portfolio, please provide the returns of the fund itself (see Q3)

Deadline
September 03, 2025 (Cut-off: Midnight CET, Expiry date inclusive)

To review the search and apply, asset managers need to register here on globalfundsearch.com and locate the respective RFPs.