Lonmodtagernes Dyrtidsfond, Frederiksberg, Denmark, known as LD Pensions is looking for an investment manager to run a €160 million ($181 million) active global equity allocation, according to a notice on European procurement website Tenders Electronic Daily.
The mandate is a segregated account and is aimed at investments with a focus on "positive pursuits," the notice said.
The 36.5 billion Danish kroner ($5.5 billion) LD Pensions wants the manager to deliver competitive risk-adjusted equity returns over a full market cycle.
The investment universe has been defined as companies whose missions create positive impact, boost positive impact of others or reduce negative impact on the environment and society. The selected manager's investments will be aligned with the goals of the U.K.'s Future-Fit Foundation.
Proposals are due by 11 p.m. Central European Summer Time on July 19.
Additional details could not be learned.