---
title: "Private Markets Fund Administrator and Portfolio Monitoring System"
ocid: "ocds-h6vhtk-035ecd"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-035ecd"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-035ecd.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-035ecd.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "LGPS CENTRAL LIMITED"
published: "2026-06-19"
---

# Private Markets Fund Administrator and Portfolio Monitoring System

Buyer: LGPS CENTRAL LIMITED  
Current stage: Award  
OCID: ocds-h6vhtk-035ecd

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## Summary

The procurement process initiated by LGPS Central Limited involves the outsourcing of the administration of a range of investments in Private Equity, Private Debt, and Infrastructure, in addition to requiring a Portfolio Monitoring System. This tender falls under the industry category of Financial Markets Administration Services, with the procurement stage being contract update. Located in Wolverhampton, United Kingdom (region UKG39), this contract has a duration of approximately five years (1800 days) and was awarded to State Street Bank and Trust Company, a large supplier based in London. Key updates include modifications required to meet unforeseen service demands as new partner funds joined LGPS Central on 1st April 2026. The procurement method utilised was a competitive procedure with negotiation.

This tender presents substantial business growth opportunities, particularly for companies with capabilities in financial markets administration and information systems. Firms specialising in fund administration and portfolio monitoring services could significantly benefit by exploring the potential for collaboration or subcontracting, given the scale and duration of the contract. With an active engagement in providing detailed oversight and governance of partner fund assets, businesses that can deliver innovative reporting solutions aligned with compliance and performance metrics will find this tender particularly attractive. The project's emphasis on improved reporting functionality and efficient asset transition management aligns well with firms that excel in advanced financial software solutions and administrative expertise.

## Notice

LGPS Central manages on behalf of its Partner Funds a range of investments in Private Equity, Private Debt and Infrastructure. These are all managed in-house via Scottish Limited Partnership ("SLP") structure, whereby LGPSC sources and commits to fund investments on behalf of the investors.LGPS Central wishes to outsource the administration of all these investments and appointment a Fund Administrator. In addition, LGPS Central requires the provision of a Portfolio Monitoring System for these investments.

### Lot Information

Lot 1

LGPS Central manages on behalf of its Partner Funds a range of investments in Private Equity, Private Debt and Infrastructure. These are all managed in-house via Scottish Limited Partnership ("SLP") structure, whereby LGPSC sources and commits to fund investments on behalf of the investors. LGPS Central wishes to outsource the administration of all these investments and appointment a Fund Administrator. In addition, LGPS Central requires the provision of a Portfolio Monitoring System for these investments.

Renewal: Initial 36 month contract with the option of 2 x 12 month renewals. Renewals will be granted at the absolute discretion of LGPS Central Limited.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/058040-2026 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Competitive procedure with negotiation |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 19 Jun 2026 |
| Submission deadline | 19 Sep 2022 |
| Future notice date | Not specified |
| Award date | 21 Mar 2023 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £11,600,000 |
| Lots value | £11,600,000 |
| Awards value | Not specified |
| Contracts value | £26,462,018 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | LGPS CENTRAL LIMITED |
| 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 | TLG3 West Midlands, TLG39 Wolverhampton |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | STATE STREET BANK AND TRUST |

## CPV Codes

### Divisions

- 48 - Software package and information systems
- 66 - Financial and insurance services

### Codes

- 48812000 - Financial information systems
- 66150000 - Financial markets administration services

## Release History

- 19 Jun 2026 at 11:51 - AwardUpdate - Award Notice - https://www.find-tender.service.gov.uk/Notice/058040-2026
- 17 Apr 2026 at 11:06 - AwardUpdate - Award Notice - https://www.find-tender.service.gov.uk/Notice/035134-2026
- 17 Apr 2026 at 08:17 - AwardUpdate - Award Notice - https://www.find-tender.service.gov.uk/Notice/034962-2026
- 28 Jan 2026 at 10:06 - AwardUpdate - Award Notice - https://www.find-tender.service.gov.uk/Notice/007426-2026
- 30 Dec 2025 at 14:54 - AwardUpdate - Award Notice - https://www.find-tender.service.gov.uk/Notice/086465-2025
- 21 Mar 2023 at 16:24 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/008215-2023
- 16 Aug 2022 at 13:20 - TenderUpdate - Tender Notice - https://www.find-tender.service.gov.uk/Notice/022649-2022
- 16 Aug 2022 at 10:53 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/022572-2022

## Notice URLs

- http://www.lgpscentral.co.uk
- https://in-tendhost.co.uk/lgpscentral/
- https://www.lgpscentral.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-h6vhtk-035ecd. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-035ecd.json.