A large institutional investor from the UK is considering an initial allocation of $20 million to a liquid alternatives strategy, with the potential to increase the commitment to $100 million. The objective is to achieve consistent, uncorrelated returns above cash while maintaining strong risk-adjusted performance. The investor is seeking exposure to one of the following approaches: equity long/short, market neutral, discretionary macro, or multi-strategy, but is not considering quant-only strategies.
Minimum Requirements
- Minimum 5-year track record (strategy level)
- Preference for 5-year annualised return above SONIA GBP +3.5%
- Preference for 5-year Sharpe ratio ≥ 0.8
- Minimum fund size ≥ GBP 500 million, or part of a larger strategy
- Minimum available capacity ≥ USD 250 million
Investment vehicle
- Liquidity
- Weekly preferred; monthly acceptable, quarterly with no gate will also be considered
- Less frequent liquidity will only be considered in cases of exceptional performance.
- Domicile
- Luxembourg, Ireland, Cayman, BVI, or other (please contact GFS before submission).
- Liechtenstein not acceptable
Performance Data
Performance must be provided net and GBP hedged.
Process
Q1 & Q2 data analysis with an expectation of allocation in H2 2026.
Deadline
December 18, 2025 (Cut-off: Midnight CET, Expiry date inclusive)
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