LD Pensions' tender for an Investment Management Agreement concerning Listed Alternatives
Expired
The competition has expired without a winner being announced.
- Deadline
- Aug 17, 2023Expired
- Procedure
- OpenSingle stage
Brief
The object of the tender is to select an Investment Manager to provide investment management services for LD Pensions' assets within Listed Alternatives. LD Pensions is acting on behalf of its fully owned subsidiary Kapitalforeningen LD (KLD). The contract will be signed by KLD. The size of the mandate covered by this contract notice are indicative due to LD Pensions' inability to determine the volume in advance. The value of the contracts is therefore LD Pensions' best estimate. The expected size of the mandate is DKK 2,000 million, approx. EUR 270 million. The objective for the mandate is to outperform private market returns over a full market cycle by investing in Listed Alternative securities, like Listed Investment Companies, Listed Investment Trusts, Listed Closed End Funds, Investment Companies, Business Development Companies, REITs and Venture Capital Trusts – all with underlying exposure to private market assets.
Bank- og finansformidlingstjenester
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Qualification requirements
Description
The Tenderer is eligible to provide investment management services in the EU.
Documentation Requirement
The Tenderer can document its technical and professional ability by filling out Appendix 5a Questionnaire and the ESPD.
Source
No source found in the documents. Check the requirement against the tender documents.
Description
The Tenderer has experience with managing a fund or segregated account with the following securities: LIC (Listed investment Company), LIT (Listed Investment Trusts), CEF (Closed End Funds), Investment Companies, Business Development Companies (US), Venture Capital Trusts (VCT) and/or Real Estate Investment Trusts (REIT). The description of the track record/reference must include a description of the above-mentioned securities involved and how they were/are managed by the Tenderer. In addition, the track record/reference must list the client, concern a mandate of at least EUR 20 million and must still be ongoing or concluded within the last three years.
Documentation Requirement
To document its technical and professional ability, the Tenderer must submit a description of at least one and at most three track records/references. The Tenderer can document its technical and professional ability by filling out Appendix 5a Questionnaire and the ESPD. Please be aware that there are other minimum requirements in Appendix 5a Questionnaire that concerns the performance of the contract for LD Pensions.
Source
No source found in the documents. Check the requirement against the tender documents.
Previous winners
Who are you up against?
The suppliers who have won similar contracts at Lønmodtagernes Dyrtidsfond
From the notice
The object of the tender is to select an Investment Manager to provide investment management services for LD Pensions' assets within Listed Alternatives. LD Pensions is acting on behalf of its fully owned subsidiary Kapitalforeningen LD (KLD). The contract will be signed by KLD. The size of the mandate covered by this contract notice are indicative due to LD Pensions' inability to determine the volume in advance. The value of the contracts is therefore LD Pensions' best estimate. The expected size of the mandate is DKK 2,000 million, approx. EUR 270 million. The objective for the mandate is to outperform private market returns over a full market cycle by investing in Listed Alternative securities, like Listed Investment Companies, Listed Investment Trusts, Listed Closed End Funds, Investment Companies, Business Development Companies, REITs and Venture Capital Trusts – all with underlying exposure to private market assets.
Contact
Anders Nilssonaun@ld.dk- CompetitionType
- 66140000Main codePortfolio management services