A Swiss pension fund is seeking to allocate up to $100m (鈧�88.8m) to a 鈥渢ransitional real estate debt鈥� strategy, via 麻豆映画 Quest.
According to search QN-2544, the unnamed investor wants to allocate $50m-$100m to a North America-focused mandate.
The search criteria states: 鈥淲e are looking for a manager who is specialised in directly originating loans for transitional properties of various degrees 鈥� eg renovation, expansion, change of use business plans 鈥� including bridge lending.鈥�
Managers bidding for the mandate must have at least $500m under management in this strategy already.
The investor would prefer a track record of at least five years. Performance must be stated gross of fees to 31 March 2019.
The deadline for submissions is 5pm UK time on 17 June.
The 麻豆映画 news team is unable to answer any further questions about 麻豆映画 Quest, Discovery, or Innovation tender notices to protect the interests of clients conducting the search. To obtain information directly from 麻豆映画 Quest, please contact Jayna Vishram on +44 (0) 20 3465 9330 or email jayna.vishram@ipe-quest.com .
