---
title: "Private Markets Front, Middle and Back Office Services"
ocid: "ocds-h6vhtk-041751"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-041751"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-041751.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-041751.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "BRUNEL PENSION PARTNERSHIP LIMITED"
published: "2024-10-25"
---

# Private Markets Front, Middle and Back Office Services

Buyer: BRUNEL PENSION PARTNERSHIP LIMITED  
Current stage: Award  
OCID: ocds-h6vhtk-041751

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[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-041751.json)

## Summary

Brunel Pension Partnership Limited (Brunel) has awarded a contract for Private Markets Front, Middle and Back Office Services to AssetMetrix GmbH. This procurement was classified under the Financial Markets Administration Services industry category and followed a selective, competitive procedure with negotiation. The contract is valued at £4,142,020 and was signed on 8th October 2024. It is located in the UKK region. This process involved three lots: Front Office Investment Toolset, Middle and Back Office Administrator, and a combined service for all office operations. The procurement was completed as per guidelines established under CELEX 32014L0024.

This tender provides significant opportunities for businesses specialising in financial market administration services. Companies with expertise in front, middle, and back-office operations, particularly those with previous experience in managing private market portfolios, are well-suited for such contracts. SMEs could benefit by forming consortia to bid for combined lots, ensuring comprehensive service delivery. The structured procurement phases, including the issuance of a pre-qualification questionnaire and detailed evaluation criteria, support innovative solutions from various suppliers, enabling business growth and potential long-term strategic partnerships with large public entities like Brunel Pension Partnership Limited.

## Notice

Brunel requires a supplier or suppliers to provide Front, Middle and Back Office services for its private markets assets.

### Lot Information

Front Office Investment Toolset

Brunel requires a private markets Front Office Investment Toolset for use by its private markets investment team. The primary purpose is to enable comprehensive portfolio monitoring of Brunel private markets portfolios across a range of asset classes including private equity, private debt, infrastructure, secured income and property. It is expected that the Front Office Investment Toolset will operate seamlessly with the Middle and Back Office Administration Services (see Lot 2).

Options: The contract term is 3 years, with the ability to make a single, two year extension

Middle and Back Office Administrator

Brunel requires an experienced, proven, private markets administrator to manage its private markets portfolios, comprising multiple asset classes including private equity, private debt, infrastructure, secured income and property. The administrator must provide a full range of outsourced middle and back-office services supporting portfolio construction and the deal lifecycle. It is expected that the administrator will operate seamlessly with the Front Office Investment Toolset and Brunel's custodian, State Street, noting that custody is out of scope for this services request.

Options: The contract term is 3 years, with the ability to make a single, two year extension

Front, Middle and Back Office Services

Lot 3 is a combined bid for Lots 1 and 2 covering the Front Office Investment Toolset and the Middle and Back Office Administration Services . The bid could be made by either a single supplier or by a consortium. In the event of a consortium bid, it is intended that one supplier will act as the principal consortium lead, being responsible for overall delivery of the services but on the basis that certain aspects of the services (i.e., either Lot 1 or Lot 2) outsourced to strategic partners.

Options: The contract term is 3 years, with the ability to make a single, two year extension

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/034720-2024 |
| Notice type | Planning Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Competitive procedure with negotiation |
| Tender suitability | Not specified |
| Awardee scale | SME |
| All stages | Planning, Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 25 Oct 2024 |
| Submission deadline | 11 Dec 2023 |
| Future notice date | Not specified |
| Award date | 7 Oct 2024 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £4,142,020 |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | BRUNEL PENSION PARTNERSHIP LIMITED |
| Locality | BRISTOL |
| Post town | Bristol |
| Postcode | BS1 6PU |
| Country | England |
| ITL 1 | TLK South West (England) |
| ITL 2 | TLK5 West of England |
| ITL 3 | TLK51 Bristol, City of |
| Local authority | Bristol, City of |
| Electoral ward | Central |
| Westminster constituency | Bristol Central |
| Delivery location | TLK South West (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | ASSETMETRIX |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66150000 - Financial markets administration services

## Release History

- 25 Oct 2024 at 14:37 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/034720-2024
- 10 Nov 2023 at 10:58 - Planning - Planning Notice - https://www.find-tender.service.gov.uk/Notice/033274-2023

## Notice URLs

- https://www.brunelpensionpartnership.org/

## 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-041751. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-041751.json.