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.