DfE - Invest NI - Management of Co-Fund I, II and III
Contract Value:
GBP 10M -
Notice Type:
Contract Notice
Published Date:
13 August 2024
Closing Date:
12 September 2024
Location(s):
UKN NORTHERN IRELAND (UK UNITED KINGDOM)
Description:
Invest NI is looking to appoint a fund manager to oversee and deliver CIF III for a ten-year period, with potential extensions, through a Limited Partnership Agreement and Management Services Agreement.
DfE - Invest NI - Management of Co-Fund I, II and III. Invest NI is seeking to appoint a fund manager to manage and deliver CIF III for a ten-year period with an option to extend for four periods of one year each. The initial ten-year term is split into a five year investment period, followed by a five year follow on and exit period. A legal contract, by way of a Limited Partnership Agreement (“LPA”) and a Management Services Agreement (“MSA”), will govern the ten-year contract to deliver CIF III and a draft LPA and MSA will be included in the tender documents.
Invest NI is seeking to appoint a fund manager to manage and deliver CIF III for a ten-year period with an option to extend for four periods of one year each. The initial ten-year term is split into a five year investment period, followed by a five year follow on and exit period. A legal contract, by way of a Limited Partnership Agreement (“LPA”) and a Management Services Agreement (“MSA”), will govern the ten-year contract to deliver CIF III and a draft LPA and MSA will be included in the tender documents.