--- title: "NU/ 1756 The Provision of Global Equity Manager/s" ocid: "ocds-b5fd17-da5c486c-3c31-4dc9-bdee-9c3a36b24a99" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-da5c486c-3c31-4dc9-bdee-9c3a36b24a99" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-da5c486c-3c31-4dc9-bdee-9c3a36b24a99.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-da5c486c-3c31-4dc9-bdee-9c3a36b24a99.json" source: "Contracts Finder" current_stage: "Tender" buyer: "NEWCASTLE UNIVERSITY" published: "2022-03-02" --- # NU/ 1756 The Provision of Global Equity Manager/s Buyer: NEWCASTLE UNIVERSITY Current stage: Tender OCID: ocds-b5fd17-da5c486c-3c31-4dc9-bdee-9c3a36b24a99 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-da5c486c-3c31-4dc9-bdee-9c3a36b24a99) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-da5c486c-3c31-4dc9-bdee-9c3a36b24a99.json) ## Summary The tender titled "NU/1756 The Provision of Global Equity Manager/s" has been initiated by Newcastle University, located in Newcastle upon Tyne, England. This procurement falls under the industry category of investment banking services and is currently at the Tender stage. The tender was published on 2nd March 2022, with a deadline for submissions set for 4th April 2022. The university aims to appoint an active global equity investment manager to manage approximately £75 million for its endowment fund, adhering to its core values of social and environmental responsibility, as outlined in its Climate Action Plan. The procurement method used is selective, specifically a restricted procedure. The contract period is expected to run from 1st September 2022 to 31st August 2027. This opportunity presents significant growth potential for investment firms that focus on sustainable and responsible fund management practices. Businesses with a strong track record in managing equity mandates, particularly those that align with ESG (Environmental, Social, and Governance) principles, would be well-suited to compete for this contract. Companies that can demonstrate a commitment to refraining from investments in tobacco, armaments, or fossil fuel extraction will find themselves in a favourable position to align with the university's values and requirements. Given the substantial value of the contract and the emphasis on responsible investment strategies, this tender could serve as a pivotal contract for firms looking to expand their footprint in the public sector investment space. ## Notice This tender process is to appoint an active global equity investment manager/s to manage in the region of PS75m behalf of the University of Newcastle endowment fund. Social and environmental justice are core values of the University and we are committed to socially and environmentally responsible investment. We are looking to appoint investment managers with well-developed ESG approaches who will also work with us to achieve the aims of our Climate Action Plan. We do not permit investment in tobacco related companies or companies making revenue from armaments or from the extraction and production of fossil fuels. UK equities are acceptable within the portfolio but must not exceed 20% of the total portfolio by value. Bidders should disclose the control ranges which they apply to UK holdings. To be considered managers must meet the criteria outlined in the specification including: * UNPRI signatory * No investment in tobacco related companies or companies making revenue from armaments or from the extraction and production of fossil fuels. * Is not currently and has not in the last five years been subject to serious regulatory investigation or action * Track record of fund management team of at least ten years in running equity mandates * Ability to contribute to the University's Climate Action Plan through the provision of reports on the carbon footprint of investment portfolios All criteria are extremely important to the University and will not be negotiable. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/3a340193-b282-4a3f-a714-73afa84b7294 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Selective | | Procurement method details | Restricted procedure | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 2 Mar 2022 | | Submission deadline | 4 Apr 2022 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 31 Aug 2022 - 31 Aug 2027 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £2,500,000 | | 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 | NEWCASTLE UNIVERSITY | | Locality | NEWCASTLE UPON TYNE | | Post town | Newcastle upon Tyne | | Postcode | NE1 7RU | | Country | England | | ITL 1 | TLC North East (England) | | ITL 2 | TLC4 Northumberland, Durham and Tyne & Wear | | ITL 3 | TLC43 Tyneside | | Local authority | Newcastle upon Tyne | | Electoral ward | Monument | | Westminster constituency | Newcastle upon Tyne Central and West | | Delivery location | TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England) | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66120000 - Investment banking services and related services ## Release History - 2 Mar 2022 at 14:11 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/3a340193-b282-4a3f-a714-73afa84b7294 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/3a340193-b282-4a3f-a714-73afa84b7294 2nd March 2022 - Opportunity notice on Contracts Finder ## Notice URLs - https://www.ncl.ac.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-da5c486c-3c31-4dc9-bdee-9c3a36b24a99. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-da5c486c-3c31-4dc9-bdee-9c3a36b24a99.json.