---
title: "PURCON617 Fund Management for Venture Capital Funds - AWARD"
ocid: "ocds-b5fd17-6d45321a-adc9-11e6-9901-0019b9f3037b"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-6d45321a-adc9-11e6-9901-0019b9f3037b"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-6d45321a-adc9-11e6-9901-0019b9f3037b.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-6d45321a-adc9-11e6-9901-0019b9f3037b.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "UNIVERSITY OF EAST ANGLIA"
published: "2016-11-18"
---

# PURCON617 Fund Management for Venture Capital Funds - AWARD

Buyer: UNIVERSITY OF EAST ANGLIA  
Current stage: Award  
OCID: ocds-b5fd17-6d45321a-adc9-11e6-9901-0019b9f3037b

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## Summary

The University of East Anglia is seeking to establish a framework for fund managers to provide portfolio management services for various investment funds aimed at early-stage investments in SMEs focused on low carbon goods and services. This tender, titled "PURCON617 Fund Management for Venture Capital Funds - AWARD", falls under the investment banking services industry category (CPV code 66120000) and is located in Norfolk, United Kingdom. The procurement process utilised is an open procedure, and the contract period is set to run from 24 March 2016 until 31 December 2019. The award date for this contract was on 24 February 2016.

This tender presents significant growth opportunities for businesses specialising in fund management, particularly those that cater to early-stage investments in sustainable initiatives. Companies that have experience in managing investment funds and a strong understanding of low carbon economies will find themselves well-suited to compete. With the project’s focus on developing a portfolio for diverse investment sources, businesses capable of delivering innovative financial solutions and services will be particularly advantageous in this bidding process.

## Notice

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.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/42ee741c-f3a8-4211-98d9-ee5ceed8c981 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 18 Nov 2016 |
| Submission deadline | 23 Nov 2015 |
| Future notice date | Not specified |
| Award date | 24 Feb 2016 |
| Contract period | 24 Mar 2016 - 31 Dec 2019 |
| 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 | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | UNIVERSITY OF EAST ANGLIA |
| Locality | NORFOLK |
| Post town | Norwich |
| Postcode | NR4 7TJ |
| Country | England |
| ITL 1 | TLH East (England) |
| ITL 2 | TLH5 Norfolk |
| ITL 3 | TLH51 Norwich and East Norfolk |
| Local authority | Norwich |
| Electoral ward | University |
| Westminster constituency | Norwich South |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 3 |
| Supplier names | 350 INVESTMENT PARTNERS; ENTERPRISE VENTURES; TURQUOISE INTERNATIONAL |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66120000 - Investment banking services and related services
- 66140000 - Portfolio management services

## Release History

- 18 Nov 2016 at 20:17 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/42ee741c-f3a8-4211-98d9-ee5ceed8c981

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/42ee741c-f3a8-4211-98d9-ee5ceed8c981
  11th March 2016 - Awarded contract notice on Contracts Finder

## 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-b5fd17-6d45321a-adc9-11e6-9901-0019b9f3037b. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-6d45321a-adc9-11e6-9901-0019b9f3037b.json.