--- title: "LGPS Central Global Active Investment Grade Credit Sub-Fund - Manager Procurement" ocid: "ocds-b5fd17-29396756-3ae0-47ba-8ad3-a7d1a0fd8aca" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-29396756-3ae0-47ba-8ad3-a7d1a0fd8aca" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-29396756-3ae0-47ba-8ad3-a7d1a0fd8aca.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-29396756-3ae0-47ba-8ad3-a7d1a0fd8aca.json" source: "Contracts Finder" current_stage: "Tender" buyer: "LGPS CENTRAL LTD" published: "2024-12-05" --- # LGPS Central Global Active Investment Grade Credit Sub-Fund - Manager Procurement Buyer: LGPS CENTRAL LTD Current stage: Tender OCID: ocds-b5fd17-29396756-3ae0-47ba-8ad3-a7d1a0fd8aca [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-29396756-3ae0-47ba-8ad3-a7d1a0fd8aca) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-29396756-3ae0-47ba-8ad3-a7d1a0fd8aca.json) ## Summary LGPS Central Ltd has initiated a procurement process for the appointment of Global Active Investment Grade Credit managers under the title "LGPS Central Global Active Investment Grade Credit Sub-Fund - Manager Procurement." The industry category for this tender is pension investment services (CPV 66131100). The procurement method is a restricted procedure, and the process is currently active at the tender stage. The procurement will be conducted in three stages: a standard questionnaire, a presentation stage, and due diligence of successful managers. The deadline for tender submissions is 20th December 2024, and the contract period is scheduled from 30th June 2025 to 1st July 2025. The location includes regions encompassing the British Overseas Territories, Channel Islands, Europe, Isle of Man, Rest of the World, and the United Kingdom, with the central buying organisation located in Wolverhampton, UK. This tender offers significant opportunities for businesses, particularly for those that are SMEs, by allowing them to showcase their expertise in managing substantial global investment grade credit portfolios. Companies with at least £5bn invested from external clients and a five-year track record in active management can leverage this opportunity to grow their business. Ideal candidates would be those who adopt a fundamental, rather than quantitative, investment approach and can demonstrate strong historical performance and portfolio robustness. This selective procurement process opens up avenues for businesses to establish credibility and expand their client base through a high-profile public contract. ## Notice LGPS Central is looking for Global Investment Grade Credit managers that already have a minimum PS5bn of external client money invested in Global Investment Grade Credit as of 30th September 2024 with a five-year track record (to the same date) in managing a Global Active Investment Grade Credit strategy. LGPSC is looking for active managers who utilise a fundamental rather than quantitative approach, evidence of strong performance, and the capability to build a robust and high-quality credit portfolio. This procurement will be split into three stages: Stage 1 - Standard Questionnaire to manage correspondence and clarifications submitted via In-Tend Stage 2 - Presentation Stage to manage correspondence (including issuing results of Stage 1) Stage 3 - Due Diligence of successful managers (including issuing results of Stage 2) Additional information: https://in-tendhost.co.uk/lgpscentral/ Is a Recurrent Procurement Type? : No ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/200f611e-1d1a-4e04-8485-c5b2096099cd | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Selective | | Procurement method details | Restricted procedure (above threshold) | | Tender suitability | SME | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 5 Dec 2024 | | Submission deadline | 20 Dec 2024 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 29 Jun 2025 - 1 Jul 2025 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Not specified | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | LGPS CENTRAL LTD | | Locality | WOLVERHAMPTON | | Post town | Wolverhampton | | Postcode | WV1 1LD | | Country | England | | ITL 1 | TLG West Midlands (England) | | ITL 2 | TLG3 West Midlands | | ITL 3 | TLG39 Wolverhampton | | Local authority | Wolverhampton | | Electoral ward | St Peters | | Westminster constituency | Wolverhampton West | | Delivery location | Not specified | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66131100 - Pension investment services ## Release History - 5 Dec 2024 at 16:37 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/200f611e-1d1a-4e04-8485-c5b2096099cd ## Documents - https://www.contractsfinder.service.gov.uk/Notice/200f611e-1d1a-4e04-8485-c5b2096099cd 5th December 2024 - Opportunity notice on Contracts Finder - https://in-tendhost.co.uk/LGPSCentral/aspx/ Additional information on how to apply for this contract ## Notice URLs - https://in-tendhost.co.uk/lgpscentral/ ## Provenance This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-29396756-3ae0-47ba-8ad3-a7d1a0fd8aca. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-29396756-3ae0-47ba-8ad3-a7d1a0fd8aca.json.