PURCON617 Fund Management for Venture Capital Funds - AWARD
key details
| Status | complete |
|---|---|
| Category (CPV) | 66120000 +1 more |
| Region | East of England |
| Deadline | 23 Nov 2015 |
| Contract start | 24 Mar 2016 |
| Contract end | 31 Dec 2019 |
| Procedure | open |
| SME suitable | Yes |
| OCID | ocds-b5fd17-6d45321a-adc9-11e6-9901-0019b9f3037b |
Awards (3)
This procurement was awarded to 3 suppliers. Values shown are per-award; the notice total is ·.
| Supplier | Value | Date | Status |
|---|---|---|---|
| 350 Investment Partners LLP shared | £0 | 24 Feb 2016 | active |
| Enterprise Ventures Limited shared | £0 | 24 Feb 2016 | active |
| Turquoise International Limited shared | £0 | 24 Feb 2016 | active |
description
The contracting authority is seeking to develop a framework of fund managers to deliver fund portfolio management services for a range of investment funds, from a variety of sources. The services will be for early stage investments into SMEs and other eligible companies, developing low carbon goods and services and/ or growing, developing or expanding in a manner consistent with the progression to a low carbon economy.
There is no clear idea as to how much will be spent with the fund manager(s) as this is dependant on the value of the fund. However ERDF guidance suggests not more than 3% of the value of the fund can be spent on the fund manager per annum.
notice history
1 notice published against this procurement.
| Published | Type | Regime | Notice |
|---|---|---|---|
| 18 Nov 2016 | Award (award) | · | 42ee741c-f3a8-4211-98d9-ee5ceed8c981-90543 |
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source
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