Financial and insurance services
Details
- Value
- GBP 11,500,000
- Topic
- Financial and insurance services
- Published
- 13 February 2019
- Submission
- 24 May 2019
- Source
- TedNotices
Tender description
An FCA approved fund manager is required to manage and deliver Development Fund II on behalf of Invest NI for a 10-year period (5-year investment/5-year realisation). The legal agreements will also incorporate provision for 4 1-year extensions to the contract. The role of the fund manager will be to make suitable investments in 2–7 businesses each year of the investment period. Thereafter, the Fund Manager will be responsible for continued management and exit from all investments within the realisation period, subject to 4 1-year extensions. An FCA approved fund manager is required to manage and deliver Development Fund II on behalf of Invest NI for a 10-year period (5-year investment/5-year realisation). The legal agreements will also incorporate provision for 4 1-year extensions to the contract. The role of the fund manager will be to make suitable investments in 2–7 businesses each year of the investment period. Thereafter, the Fund Manager will be responsible for continued management and exit from all investments within the realisation period, subject to 4 1-year extensions.
Timeline
- Completed: Tender published13 February 2019Current notice
- Completed: Submission date24 May 2019
About the buyer
Invest Northern Ireland 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
- 66110000 · Banking services
- 66113000 · Credit granting services
- 66120000 · Investment banking services and related services
- 66122000 · Corporate finance and venture capital services
- 66190000 · Loan brokerage services
Decision makers
Connect with the people behind this procurement.
| Contact name | Job title | Phone number | Work email |
|---|---|---|---|
| Head of Procurement | +44 •••• •••••• | ••••••••@invest-northern-ireland.gov | |
| Commercial Director | +44 •••• •••••• | ••••••••@invest-northern-ireland.gov | |
| Procurement Manager | +44 •••• •••••• | ••••••••@invest-northern-ireland.gov | |
| Category Lead | +44 •••• •••••• | ••••••••@invest-northern-ireland.gov | |
| Senior Buyer | +44 •••• •••••• | ••••••••@invest-northern-ireland.gov | |
| Contracts Manager | +44 •••• •••••• | ••••••••@invest-northern-ireland.gov |
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