An institutional investor based in Belgium is looking to invest €70m in unlisted infrastructure assets via an open-ended fund.

The unnamed investor has turned to IPE Quest in the search for a manager with a global developed markets fund with at least a five-year track record, but a 10-year record is preferred.

According to the IPE QUEST QN-2755 search, the fund should target a diversified portfolio of core non-listed assets with a focus on cash flow stability.

The fund’s portfolio should mainly comprise brownfield assets with strong risk/ESG assessment capabilities.

According to the tender, the fund’s assets under management should not be less than €2.5bn and preferable benchmarked against the GRESB Infrastructure Fund Assessment. The managers are expected to have total assets under management of not less than €4bn. 

Interested parties should apply by 18 March 2022 at 5pm UK time, stating performance to 31 December 2020 net of fees.

To read the latest edition of the latest 91´«Ã½ÔÚÏß magazine click here.