A Scandinavian-based wealth manager is seeking to allocate €50-75 million to a liquid alternative strategy. According to a request for proposal (RFP) via Global Fund Search, the mandate spans equity market neutral approaches across discretionary stock picking, multi-manager “pod shop” platforms, quantitative, and thematic strategies, as well as long/short credit. The investor is explicitly excluding event-driven, trend-following, global macro, cross-asset style premia, and insurance-linked strategies. The preferred strategies should be opportunistic in nature, targeting stable high single-digit to low double-digit returns, with limited correlation to traditional asset classes.
Objective
Candidates should be opportunistic in nature and deliver attractive and stable high single to low double-digit returns (net) with limited correlation to traditional assets.
Allocation Size
For UCITS vehicles EUR 50-75m depending on risk
Universe/strategy types
Equity Market Neutral:
- Fundamental stock picking
- Multi-manager/Pod Shops
- Quant/style-based strategies
- Thematic strategies
Credit Long/short:
- Systematic strategies
- Fundamental strategies
Exclusions
The investor is specifically not looking for:
- Event-driven strategies
- Trend Following/CTA strategies
- Cross Asset Style Premia strategies
- ILS
- Global Macro
Minimum Requirements
- Minimum 5-year track record
- Bi-weekly liquidity
- On-shore (Luxembourg or Irish) vehicles only
Investment Vehicle
UCITS is strongly preferred. The investor is also willing to act as a seed investor for a new UCITS vehicle. This, however, requires a longer track record in a non-UCITS vehicle.
Process outline
- Shortlisting during Q2
- Implementation during Q3-4
Performance data
- Please provide performance in EUR and gross of fees
Deadline
May 29, 2026 (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.
