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Komfie Manalo, Opalesque Asia:

The $60 billion Korea Post has issued a request for proposals (RFP) inviting domestic and overseas hedge fund managers, or institutions to submit their application for three new mandates.

In its RFP issuance, Korea Post it is looking for global macro, equity market neutral, and event driven portfolios. Korea Post said they are inviting single offshore hedge funds to submit their proposals for the mandates. Fund of hedge funds, and hedge fund managers that offer structured products and notes are excluded from submitting proposal.

The post reads, "Local and overseas hedge fund managers or financial institutions with a hedge fund offering. Each applicant can submit up to three funds, but only one fund is applicable for one strategy. If the same fund is submitted by both a manager and a distributor, only the manager’s proposal will be considered."

Hedge fund managers who want to apply must have at least $1 billion in assets for pure hedge funds or minimum of $300 million for offshore hedge funds and at operating for at least three years with solid track record.

Korea Post said it would entertain RFPs up to August 19th, with the selection of the due diligence candidates in September 2015.

Hedge fund managers must submit the following documents:

• Soft copies of the......................

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