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Venture Capital Portfolio Management Services

NORTH EAST FINANCE (HOLDCO) LIMITED Published 17 Sept 2018 Contracts Finder

key details

Value£162,500
Statusactive
Category (CPV) 66000000
RegionNorth East
Deadline18 Oct 2018
Contract start1 Jan 2019
Contract end30 Jun 2021
Procedureselective
SME suitableYes
OCIDocds-b5fd17-bf82f613-6bb2-452e-a4aa-9fc4f91b0ba3

description

North East Finance is seeking to appoint a fund management organisation to take over the management of the investment portfolio of NEF's Finance for Business North East Technology Fund from the current fund manager and, potentially, to manage other venture capital investments from within NEF's portfolio.

The successful bidder will become responsible for the Technology Fund (by taking ownership of the General Partner entity) and will be required to manage, and to realise value from, its portfolio and then to wind-up the Technology Fund, in the period from completion of the contract (targeted for 1 January 2019) to 30 June 2021 (which period may be extended by up to a year, to 30 June 2022).

For full details of the opportunity, including the OJEU Notice, draft Invitation to Tender and draft Fund Management Agreement, please see the latest news section of North East Finance's website:

http://www.northeastfinance.org/news-events/latest-news.aspx

documents

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notice history

1 notice published against this procurement.

PublishedTypeRegimeNotice
17 Sept 2018 Tender (tender) · 5c206fa9-cf06-41d6-a1f1-a332083fc31a-241281

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