At a glance
- The RFP asks for broad diversification across strategies and asset classes, sets a net return target of 7-10% a year, and prefers a UCITS structure.
- The investor plans to raise its commitment by 20% a year, and proposals are due Dec. 2, 2026, at midnight CET.
- If the investor follows the 20% annual step-up, the allocation reaches $48 million in year two and about $58 million in year three.
A Nordic institutional investor is searching for a diversified multi-strategy fund and plans a $40 million allocation in the first year, according to a request for proposal reported by HedgeNordic.
The RFP asks for broad diversification across strategies and asset classes, sets a net return target of 7-10% a year, and prefers a UCITS structure. It requires at least $150 million in assets under management and accepts discretionary, systematic or blended approaches. The investor plans to raise its commitment by 20% a year, and proposals are due Dec. 2, 2026, at midnight CET.
If the investor follows the 20% annual step-up, the allocation reaches $48 million in year two and about $58 million in year three. The $150 million asset minimum excludes smaller funds, and the UCITS preference limits the field to managers who offer that wrapper. The RFP does not specify whether the step-up is contractual.
Reported by the Manager Selection desk from HedgeNordic. Published . Corrections