A Dutch consultant is seeking an investment manager for a €20m infrastructure mandate, using Âé¶¹Ó³»­ Quest.

Sweco Capital Consultants (SCC), behind search QN2197, said its client would consider exposure to a range of OECD countries – those member states based in Europe, as well as Canada, the US, Australia and New Zealand.

SCC said the €20m commitment is expected to be in place by the end of the year, and that interested parties should reply to a request for proposal.

A longer request for information will then be sent out, with a shortlist of up to three suitable funds invited to present directly to the client.

Managers should only submit infrastructure funds larger than €250m, with at least 10 assets already within the fund.

The core, core-plus, or value-add strategies pursued by the funds should target a net internal rate of return of no more than 6.5%, and should achieve this without leveraging assets above 80%.

Managers should submit net of fees performance to the end of May 2016 by 20 June.

The Âé¶¹Ó³»­ news team is unable to answer any further questions about Âé¶¹Ó³»­ Quest tender notices to protect the interests of clients conducting the search. To obtain information directly from Âé¶¹Ó³»­ Quest, please contact Jayna Vishram on +44 (0) 20 3465 9330 or email jayna.vishram@ipe-quest.com.