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IST added that it would consider all infrastructure sectors – excluding investments in nuclear and military projects, as well as prisons – but would view high-risk sectors as less suitable.Managers should answer a questionnaire available through IPE-Quest, covering information about the firm and the team being submitted to manage the assets.The search added: “In a second round, some applicants will be asked to provide a broader set of material. In the third round, the final adviser will be selected out of a shortlist.”Interested managers have until 28 February to apply, stating their performance to the end of December.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. Switzerland’s IST Investment Foundation is looking to appoint an infrastructure manager to a CHF120 (€97m) fund targeting assets across all OECD countries, using IPE-Quest.The foundation, jointly owned by a dozen Swiss pension funds and with CHF6.1bn in assets under administration, said the aim of search QN1383 was to appoint a non-discretionary secondary infrastructure fund manager.“The goal of the mandate is to achieve stable, predictable current income from day one with a conservative risk profile,” IST said, noting that managers should aim for a balanced, diversified investment approach across stable OECD nations.Additionally, managers should be aware they would be subject to an as-yet undecided limit to how strongly the assets can be leveraged. read more