---
title: "Appointment of Co-Investors for the London Co-Investment Fund (LCIF) 2017"
ocid: "ocds-b5fd17-35ee70bc-284f-41f3-9667-1fa56e8ce6bd"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-35ee70bc-284f-41f3-9667-1fa56e8ce6bd"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-35ee70bc-284f-41f3-9667-1fa56e8ce6bd.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-35ee70bc-284f-41f3-9667-1fa56e8ce6bd.json"
source: "Contracts Finder"
current_stage: "Tender"
buyer: "SME WHOLESALE FINANCE (LONDON) LIMITED"
published: "2017-04-03"
---

# Appointment of Co-Investors for the London Co-Investment Fund (LCIF) 2017

Buyer: SME WHOLESALE FINANCE (LONDON) LIMITED  
Current stage: Tender  
OCID: ocds-b5fd17-35ee70bc-284f-41f3-9667-1fa56e8ce6bd

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## Summary

The procurement process for the appointment of co-investors for the London Co-Investment Fund (LCIF) is currently being managed by SME Wholesale Finance (London) Limited. This tender, titled "Appointment of Co-Investors for the London Co-Investment Fund (LCIF) 2017," targets the financial and insurance services industry and is set in London, United Kingdom. The open procurement method is being used, and interested parties have until the tender period closes on 3rd May 2017 to submit their proposals. The selected co-investment partners will engage in agreements over an investment period of 18 months, commencing on 3rd July 2017 and running until 31st December 2018.

This tender presents a significant opportunity for businesses focused on investment and finance, particularly those that can contribute to the development of high-growth early-stage Science, Digital, and Technology sectors in London. The LCIF aims to invest £23 million and expects to generate approximately 2,653 jobs through these investments, making it an appealing avenue for venture capitalists, investment firms, and other financial entities interested in fostering innovation and growth within this vibrant market.

## Notice

Funding London is the trading name of SME Wholesale Finance (London) Limited. Funding London are seeking to competitively select between three to five additional organisations to become co-investment partners with the LCIF. The selected partners will enter into co-investment agreements with the LCIF with an investment period of 18 months. The aims of the LCIF are as follows:- To invest 23m GBP into high-growth early stage Science, Digital and Technology businesses in London during a three year period;- To achieve a target across the fund of 2.9 GBP of private sector investment for every 1 GBP invested by LCIF;- To generate approx. 2,653 jobs as a result of the investments being made; and- To maximise returns from exits to enable further investment in later years.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/7ca366fe-ed63-4505-afda-9cbc3c799cdc |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 3 Apr 2017 |
| Submission deadline | 3 May 2017 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 2 Jul 2017 - 31 Dec 2018 |
| 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 | SME WHOLESALE FINANCE (LONDON) LIMITED |
| Locality | LONDON |
| Post town | South East London |
| Postcode | SE1 9PD |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI44 Lewisham and Southwark |
| Local authority | Southwark |
| Electoral ward | Borough & Bankside |
| Westminster constituency | Bermondsey and Old Southwark |
| Delivery location | TLI London |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services

## Release History

- 3 Apr 2017 at 16:45 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/7ca366fe-ed63-4505-afda-9cbc3c799cdc

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/7ca366fe-ed63-4505-afda-9cbc3c799cdc
  3rd April 2017 - Opportunity notice on Contracts Finder
- http://www.mytenders.org/search/show/search_view.aspx?ID=APR141112
  NOTE: To register your interest in this notice and obtain any additional information please visit the myTenders Web Site at the link provided.

## Notice URLs

- http://fundinglondon.co.uk

## 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-b5fd17-35ee70bc-284f-41f3-9667-1fa56e8ce6bd. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-35ee70bc-284f-41f3-9667-1fa56e8ce6bd.json.