Danish Consultancy Searches For Global Fund of Hedge Funds Manager

Jan 15 2007 | 9:33am ET

Denmark-based investment consultancy Kirstein Finans is searching for a global, multi-strategy fund of hedge funds manager on behalf of a number of Danish institutional investors.

The mandate size is EUR25-30 million and can potentially increase due to a rise in the number of investors, according to Kirstein Finans.

The guidelines for the mandate are: the fund of funds must meet a benchmark of LIBOR +3%; the fund of funds manager must invest in a universe of hedge fund strategies on a global basis; and the manager’s standard deviation (p.a.) should not exceed 10% over time.

The deadline for the search is Jan. 24.


In Depth

Humble in Hofstra...One Debate an Election Can Make

Sep 26 2016 | 10:20am ET

Tonight's U.S. Presidential debate, infamously coined the “Humbling in Hofstra...

Lifestyle

Vortic: Reimagining the Custom Wristwatch

Sep 27 2016 | 7:24pm ET

American watch manufacturer Vortic, which started out restoring antique pocket watch...

Guest Contributor

Malik: The Ever-Changing Middle Market and The Entering Class of 2016

Sep 2 2016 | 5:01pm ET

Deal sourcing and origination is only going to get more competitive given current...