---
title: "ACCESS Private Equity Allocators"
ocid: "ocds-h6vhtk-0453e2"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-0453e2"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-0453e2.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-0453e2.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "HAMPSHIRE COUNTY COUNCIL"
published: "2025-01-06"
---

# ACCESS Private Equity Allocators

Buyer: HAMPSHIRE COUNTY COUNCIL  
Current stage: Award  
OCID: ocds-h6vhtk-0453e2

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[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-0453e2.json)

## Summary

Hampshire County Council, on behalf of the ACCESS Pool, is procuring private equity allocation services under the title "ACCESS Private Equity Allocators" within the industry category of pension investment services. This procurement process, conducted through a two-stage restricted procedure, seeks to appoint up to two investment managers to manage and grow the Private Equity Mandates of the ACCESS Pool members, which include 11 Local Government Pension Scheme Authorities. The contracting process has reached its award stage, with contract signing completed on 16 December 2024. The procurement covers multiple regions, including UKF2, UKH, and UKJ, and involves the collaboration of several county councils such as Hartfordshire, Isle of Wight, Kent, Norfolk, Suffolk, and others.

This tender presents a significant opportunity for businesses in the pension investment sector to secure long-term contracts with collective pensions assets worth £2 billion under management. Companies with expertise in managing large-scale private equity investments and the capability to deliver strong investment performance and cost efficiency are well-suited to compete. With the contract duration set for 30 years, subject to a 5-yearly review, successful suppliers can establish a long-term partnership with the ACCESS Pool, providing a stable and lucrative growth avenue for their business. Such opportunities are particularly beneficial for large-scale investment firms like Adams Street Partners LLC and HarbourVest Partners (U.K.) Limited, both of whom have already secured contracts under this tender.

## Notice

The Authority is seeking to appoint up to two Private Equity Allocators to manage and grow the Private Equity Mandates of the ACCESS Pool members. Two allocators will be appointed unless only one supplier is capable of meeting the requirements set out in the ITT, in which case the Authority reserves the right to appoint only a single supplier. This procurement is being undertaken by Hampshire County Council (the Authority) on behalf of the Administering Authorities who together comprise the ACCESS Pool. The ACCESS Pool is a collaboration of 11 like-minded Local Government Pension Scheme Authorities, investing the pensions of over one million members, delivering strong investment performance, achieving greater cost efficiency and benefiting from the best of local authority procurement. Further information regarding the ACCESS Pool can be found here: https://www.accesspool.org/.

### Lot Information

Lot 1

Hampshire County Council is running this procurement on behalf of ACCESS pool and is seeking to appoint up to two investment managers to undertake the role of Private Equity Allocator in relation to the ACCESS Pool's Private Equity Mandates. The procurement will be carried out as a two stage Restricted procedure. At the conclusion of the procurement procedure, each named Authority who wishes to undertake this type of investment will enter into its own contract with the successful Supplier at their own discretion. The duration of the contract(s) shall be thirty (30) years, subject to a five (5) yearly review cycle during this period.

Options: The Private Equity Allocator Contracts will be for a term of 30 years but subject to a 5 yearly review cycle.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/000165-2025 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Restricted procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 6 Jan 2025 |
| Submission deadline | 24 May 2024 |
| Future notice date | Not specified |
| Award date | 16 Dec 2024 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £2,000,000,000 |
| Lots value | £2,000,000,000 |
| Awards value | Not specified |
| Contracts value | £1,000,000,000 |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | HAMPSHIRE COUNTY COUNCIL |
| Additional buyers | CAMBRIDGESHIRE COUNTY COUNCIL; EAST SUSSEX COUNTY COUNCIL; ESSEX COUNTY COUNCIL; HARTFORDSHIRE COUNTY COUNCIL; ISLE OF WIGHT COUNCIL; KENT COUNTY COUNCIL; NORFOLK COUNTY COUNCIL; SUFFOLK COUNTY COUNCIL; WEST NORTHAMPTONSHIRE COUNCIL; WEST SUSSEX COUNTY COUNCIL |
| Locality | WINCHESTER |
| Post town | Southampton |
| Postcode | SO23 8UJ |
| Country | England |
| ITL 1 | TLJ South East (England) |
| ITL 2 | TLJ3 Hampshire and Isle of Wight |
| ITL 3 | TLJ36 Central Hampshire |
| Local authority | Winchester |
| Electoral ward | St Michael |
| Westminster constituency | Winchester |
| Delivery location | TLF2 Leicestershire, Rutland and Northamptonshire, TLH East (England), TLJ South East (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 2 |
| Supplier names | ADAMS STREET PARTNERS; HARBOURVEST PARTNERS (U.K. |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66131100 - Pension investment services

## Release History

- 6 Jan 2025 at 11:18 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/000165-2025
- 22 Apr 2024 at 08:46 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/012912-2024

## Notice URLs

- http://www.cambridgshire.gov.uk/
- http://www.hants.gov.uk
- https://in-tendhost.co.uk/hampshire/aspx/Home
- https://www.accesspool.org/
- https://www.eastsussex.gov.uk/
- https://www.essex.gov.uk/
- https://www.hertfordshire.gov.uk/home.aspx
- https://www.iow.gov.uk/
- https://www.kent.gov.uk/
- https://www.norfolk.gov.uk/
- https://www.suffolk.gov.uk/
- https://www.westnorthants.gov.uk/
- https://www.westsussex.gov.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-0453e2. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-0453e2.json.