UK - The £750m Cambridgeshire County Council Pension Fund is on the lookout for a global custodian and an investment manager for a private equity fund of funds portfolio.
It is understood that the fund currently uses the preferred custodians of its asset managers - Deutsche Asset Management, JP Morgan Investment Management and Schroder Investment Management.
Cambridgeshire is also seeking a manager for a £25m - £35m private equity fund of funds brief.
The fund declined to give further details on the searches.
The deadline for applications for both tenders is November 16, 2001.
Cambridgeshire invests around 51% in UK equities, 24% in overseas equities, 20% UK and overseas bonds, and 5% in real estate.
The fund is advised by Hymans Robertson.
By Madhu Kalia
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