---
title: "FUND MANAGEMENT SERVICES IN RELATION TO THE WEST MIDLANDS EQUITY CO-INVESTMENT FUND"
ocid: "ocds-b5fd17-b4ee9352-8cd0-4fcb-8ebd-ac966c115a6c"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-b4ee9352-8cd0-4fcb-8ebd-ac966c115a6c"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-b4ee9352-8cd0-4fcb-8ebd-ac966c115a6c.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-b4ee9352-8cd0-4fcb-8ebd-ac966c115a6c.json"
source: "Contracts Finder"
current_stage: "Tender"
buyer: "WEST MIDLANDS COMBINED AUTHORITY"
published: "2022-06-24"
---

# FUND MANAGEMENT SERVICES IN RELATION TO THE WEST MIDLANDS EQUITY CO-INVESTMENT FUND

Buyer: WEST MIDLANDS COMBINED AUTHORITY  
Current stage: Tender  
OCID: ocds-b5fd17-b4ee9352-8cd0-4fcb-8ebd-ac966c115a6c

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## Summary

The procurement process is initiated by the West Midlands Combined Authority (WMCA), seeking fund management services for the West Midlands Equity Co-Investment Fund, aimed at investing in high-growth SMEs in the region. The tender, which falls under the financial and insurance services category (CPV code 66000000), was published on 24th June 2022 and is part of an open procurement method, allowing broad participation. The tender period concludes on 21st July 2022, with the contract expected to commence on 1st September 2022 and conclude by 30th September 2032.

This opportunity presents significant potential for businesses to engage in local investment initiatives, particularly those specialising in financial services or fund management. Suitable contenders include small and medium-sized enterprises (SMEs) that have experience in managing investment funds or working with equity financing. The collaborative nature of this fund, which involves the WMCA and an additional investor, enables firms with regional expertise and innovative approaches to contribute meaningfully to the economic landscape of the West Midlands.

## Notice

The West Midlands Combined Authority ("WMCA") and a second investor to the Fund ("Investor 2") will be establishing a co-investment fund ("the West Midlands Equity Co-Investment Fund" or "the Fund"), making equity investments into the region's high growth potential SMEs. Both parties aim to have the fund established and ready to launch by no later than 3rd October 2022.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/cbc407bd-53fd-4772-946d-5603f9af4d03 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure (above threshold) |
| Tender suitability | SME |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 24 Jun 2022 |
| Submission deadline | 21 Jul 2022 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 31 Aug 2022 - 30 Sep 2032 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £5,000,000 |
| 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 | WEST MIDLANDS COMBINED AUTHORITY |
| Locality | BIRMINGHAM |
| Post town | Birmingham |
| Postcode | B19 3SD |
| Country | England |
| ITL 1 | TLG West Midlands (England) |
| ITL 2 | TLG3 West Midlands |
| ITL 3 | TLG31 Birmingham |
| Local authority | Birmingham |
| Electoral ward | Newtown |
| Westminster constituency | Birmingham Ladywood |
| Delivery location | TLG West Midlands (England) |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services

## Release History

- 24 Jun 2022 at 10:51 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/cbc407bd-53fd-4772-946d-5603f9af4d03

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/cbc407bd-53fd-4772-946d-5603f9af4d03
  24th June 2022 - Opportunity notice on Contracts Finder
- https://wmca.bravosolution.co.uk/
  tendering portal

## 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-b4ee9352-8cd0-4fcb-8ebd-ac966c115a6c. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-b4ee9352-8cd0-4fcb-8ebd-ac966c115a6c.json.