Source: https://tendernation.io/opportunities/01a13c2c-e7be-72d3-8ec8-7be637dd41cf/venture-capital-portfolio-management-services

closed GB restricted procedure Suitable for SMEs

# Venture Capital Portfolio Management Services

[North East Finance (HOLDCO) Limited](https://tendernation.io/buyers/north-east-finance-holdco-limited)

Estimated value

£162,500

Published

17 Sept 2018

Deadline

Closed

18 Oct 2018

## Who can bid

- Buyer says suitable for SMEs

    The buyer ticked “suitable for SMEs” on the notice. Anyone can still bid.

[More contracts for small businesses and VCSEs](https://tendernation.io/opportunities/for-small-businesses)

## About this tender

North East Finance is seeking to appoint a fund management organisation to take over the management of the investment portfolio of NEF's Finance for Business North East Technology Fund from the current fund manager and, potentially, to manage other venture capital investments from within NEF's portfolio.

The successful bidder will become responsible for the Technology Fund (by taking ownership of the General Partner entity) and will be required to manage, and to realise value from, its portfolio and then to wind-up the Technology Fund, in the period from completion of the contract (targeted for 1 January 2019) to 30 June 2021 (which period may be extended by up to a year, to 30 June 2022).

For full details of the opportunity, including the OJEU Notice, draft Invitation to Tender and draft Fund Management Agreement, please see the latest news section of North East Finance's website:

[northeastfinance.org](http://www.northeastfinance.org/news-events/latest-news.aspx)

## CPV classification

Financial and insurance services

Source

Contracts Finder (UK)

[View official notice](https://www.contractsfinder.service.gov.uk/notice/bf82f613-6bb2-452e-a4aa-9fc4f91b0ba3)

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[Buyer profile North East Finance (HOLDCO) Limited: past awards and live tenders](https://tendernation.io/buyers/north-east-finance-holdco-limited) [Sector More Financial & insurance services tenders](https://tendernation.io/sectors/financial-insurance-services)

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