Tender: Establish and Manage £15M Mandate for Scottish Universities Ignition Fund Strategy
Released 24 days ago
About
The Bank is seeking a supplier to establish and manage a £15 million segregated investment mandate to deliver the Scottish Universities Ignition Fund Ignition Strategy. The successful bidder will be required to set up and operate an appropriate investment vehicle through which the Mandate will be delivered, with the Bank acting as the sole investor. The Mandate is one of two complementary investment strategies within the Scottish Universities Fund, a platform designed to support the creation, growth and long-term scaling of university-originated companies in Scotland, and will be managed on a delegated discretionary basis in line with an agreed Investment Management Contract and the requirements set out in the ITT.
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Likely value £700K to £10.0MAgency spend history
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