Notice Information
Notice Title
Wales Pension Partnership Private Markets Investments
Notice Description
Carmarthenshire County Council is the Host Authority for the Wales Pension Partnership (WPP). The WPP, established in 2017 is a collaboration of all eight LGPS funds in Wales and is one of eight national Local Government Pension pools. The eight LGPS funds in Wales are: Cardiff and Vale of Glamorgan, City and County of Swansea, Clwyd, Dyfed, Greater Gwent (Torfaen), Gwynedd, Powys and Rhondda Cynon Taf. The WPP has total assets worth approximately 21.6bn GBP (as at 31st March 2021), 14.6bn GBP of which have already been pooled and a further 0.6bn GBP to be invested in an Emerging Markets sub fund later this year. - The WPP is now looking to develop a range of Private Market Sub-Funds which the Constituent Authorities ("CAs") (Local Government Pension Funds) of Wales can use to obtain the private market exposure that they require to meet their locally decided strategic asset allocations. PLEASE NOTE: This procurement will focus on Private Credit and Infrastructure assets. Real Estate and Private Equity assets will be addressed in a future separate procurement exercise. For further details please refer to the documentation available on eTenderwales eTendering portal.
Lot Information
Private Debt Investments Allocator
Private Markets Allocator to establish a Private Debt investment programme over a series of vintages utilising best in class closed end investment funds, co- investments and / or direct investments. Please refer to the eTender on eTenderwales and view the WPP Private Markets - Lot 1 - Private Debt allocator - Quantitative PQQ.xls Tab 1 for detailed investment objectives and constraints. This information can be accessed via the eTender opportunity on eTenderwales and will be located in the General Attachments Area and Technical Envelope. Additional information: Please refer to the eTender opportunity on eTenderwales for further information.
Renewal: Contract extensions up to an additional 60 months subject to satisfactory performance
Infrastructure Investments AllocatorPrivate Markets Allocator to establish an infrastructure investment programme over a series of vintages utilising best in class closed end investment funds, co-investments and / or direct investments. Potential oversight role for portfolio of open-ended infrastructure investments identified by WPP. Please refer to the eTender on eTenderwales and view the WPP Private Markets - Lot 2 - Infrastructure Allocator - Quantitative PQQ.xls Tab 1 for detailed investment objectives and constraints. This information can be accessed via the eTender opportunity on eTenderwales and will be located in the General Attachments Area and Technical Envelope. Additional information: Please refer to the eTender opportunity on eTenderwales for further information.
Renewal: Contract extensions up to an additional 60 months subject to satisfactory performance
Open Ended Infrastructure FundsOpen-Ended infrastructure fund investment(s) Please refer to the eTender on eTenderwales and view the WPP Private Markets - Lot 3 - Infrastructure Open-Ended Funds - Quantitative PQQ.xls Tab 1 for detailed investment objectives and constraints. This information can be accessed via the eTender opportunity on eTenderwales and will be located in the General Attachments Area and Technical Envelope. Additional information: Please refer to the eTender opportunity on eTenderwales for further information.
Renewal: Contract extensions up to an additional 60 months subject to satisfactory performance
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-h6vhtk-02e720
- Publication Source
- Find A Tender Service
- Latest Notice
- https://www.find-tender.service.gov.uk/Notice/021420-2022
- Current Stage
- Award
- All Stages
- Tender, Award
Procurement Classification
- Notice Type
- Tender Notice
- Procurement Type
- Framework
- Procurement Category
- Services
- Procurement Method
- Selective
- Procurement Method Details
- Competitive procedure with negotiation
- Tender Suitability
- Not specified
- Awardee Scale
- SME
Common Procurement Vocabulary (CPV)
- CPV Divisions
66 - Financial and insurance services
-
- CPV Codes
66131100 - Pension investment services
Notice Value(s)
- Tender Value
- £45,000,000 £10M-£100M
- Lots Value
- Not specified
- Awards Value
- Not specified
- Contracts Value
- £15,000,000 £10M-£100M
Notice Dates
- Publication Date
- 4 Aug 20223 years ago
- Submission Deadline
- 5 Nov 2021Expired
- Future Notice Date
- Not specified
- Award Date
- 31 Mar 20223 years ago
- Contract Period
- Not specified - Not specified
- Recurrence
- Contract extensions up to an additional 60 months subject to satisfactory performance
Notice Status
- Tender Status
- Complete
- Lots Status
- Cancelled
- Awards Status
- Active
- Contracts Status
- Active
Buyer & Supplier
Contracting Authority (Buyer)
- Main Buyer
- CARMARTHENSHIRE COUNTY COUNCIL
- Contact Name
- Not specified
- Contact Email
- crcorporateprocurement@carmarthenshire.gov.uk
- Contact Phone
- +44 1267234567
Buyer Location
- Locality
- CARMARTHEN
- Postcode
- SA31 1JP
- Post Town
- Swansea
- Country
- Wales
-
- Major Region (ITL 1)
- TLL Wales
- Basic Region (ITL 2)
- TLL4 Mid and South West Wales
- Small Region (ITL 3)
- TLL42 South West Wales
- Delivery Location
- TLL14 South West Wales
-
- Local Authority
- Carmarthenshire
- Electoral Ward
- Carmarthen Town North and South
- Westminster Constituency
- Caerfyrddin
Further Information
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.
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