Mandate roundup: IPE-Quest, NPRF, Lightstone

first_imgSeparately, European institutional investor is also looking for a manager to oversee a $80m investment grade corporate bond mandate. Managers applying for search QN1413 should apply the Bank of America Merrill Lynch US Corporate Index (C0A0) as a benchmark.All other criteria, including minimum AUM for similar mandates and managers, reflect search QN 1412. Applications for both searches are welcome until 6 June, stating gross of fees performance to the end of March.Meanwhile, Ireland’s National Pensions Reserve Fund (NPRF) has committed €10m to a life sciences fund managed by Lightstone Ventures.The reserve fund’s sixth investment in support of the Innovation Fund Ireland – a government initiative to support Irish start-ups with venture capital funding, will be to Lightstone Ventures I – a fund targeting early stage investments in medical device and pharmaceutical companies.NPRF chairman Paul Carty said: “The life science industry offers great potential for Ireland and Lightstone will provide emerging businesses in this exciting sector with a valuable new source of funding and expertise.”The Lightstone vehicle, targeting a raise of $170m, made its first investment in January this year.The IPE.com news team is unable to answer any further questions about IPE-Quest tender notices to protect the interests of clients conducting the search. To obtain information directly from IPE-Quest, please contact Jayna Vishram on +44 (0) 20 7261 4630 or email jayna.vishram@ipe-quest.com. A European institutional investor is seeking an asset manager for a $80m (€58m) high yield corporate debt mandate, using IPE-Quest.According to search QN1412, the US corporate bond mandate should focus on core companies, only investing in firms that issue debt in US dollars, are listed in the US by non European Union based firms.The investment should be actively managed, with performance measured against the Bank of America Merrill Lynch US High Yield Master II Index (H0A0).Interested managers should manage at least $500m in similar mandates with a minimum track record of three years, but preferably five. The manager should furthermore have total assets under management (AUM) of $5bn.last_img read more

Narrow defeat for Tipp Ladies in Final Replay

first_imgThe premier side were denied victory in the Lidl Ladies National League Division 3 Final Replay by the last kick of the game.Waterford’s Maria Delahunty scored a brilliant free to give the Déise a 1-13 to 1-12 win at Semple Stadium.Despite missing out on the silverware the Premier County performed well with Mairead Morrissey – who got 1-4 of her side’s tally – probably the pick of the Tipp players. Manager Gerry McGill says there was very little between the teams.last_img

Best athlete of Maglaj

first_imgThe event ”The best athlete of Maglaj” has been held in Maglaj.  Head of Maglaj Municipality Mehmed Mustabašić was the general sponsor of the eighth selection of the best athletes and sports associations of Maglaj municipality, and RTV Maglaj organised the event.Recognition for the development of youth sports: Football club “Vis” KosovaRecognition of the most successful sports workers: Smajl Mulahasanović – Member of Maglaj Volleyball Club BoardThe most successful disabled athletes-in 2012: Hasna HamzićBest team: Women’s volleyball team Maglaj.The most successful athletes: Nadina VrgovčevićLifetime Achievement Award: Kazimir KapidžićSpecial award: Anisa Obralić and Amela Abdulahi.last_img