Awarded contract

Financial and insurance services

Details

Supplier(s)
FSE CIC
Value
GBP 10,000,000
Topic
Financial and insurance services
Published
25 July 2018

Tender description

The British Business Bank is conducting this procurement to establish an agreement for a fund manager for the Cornwall and Isles of Scilly region for: A combined debt and equity fund; value range of: 40 000 000 GBP to 80 000 000 GBP A Debt and Equity Fund where the authority is looking to commit between 40 000 000 GBP to 80 000 000 GBP funds. Each equity investment must satisfy the following conditions: 1) Be an investment in an SME in the CIOSIF Area; 2) Be an investment in a range size from 25 000 GBP to 2 000 000 GBP 2 000 000 GBP. This figure may be exceeded in exceptional circumstances and with Investor Consent; 3) All conditions in the IOGs, LPA and FMA of the Fund. Each Debt loan must satisfy the following conditions:

Timeline

  1. Completed: Award date30 April 2018
  2. Completed: Award published25 July 2018
    Current notice

About the buyer

British Business Bank is a public sector buyer in United Kingdom publishing tenders and awards on Stotles. Explore their procurement activity and find more opportunities like this one.

Relevant CPV codes

  • 66000000 · Financial and insurance services
  • 66100000 · Banking and investment services
  • 66120000 · Investment banking services and related services
  • 66122000 · Corporate finance and venture capital services
  • 66190000 · Loan brokerage services

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Decision makers

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