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.
A process summary document with an overview of the procurement process can be downloaded here. Please read it first and then, for details of the contract terms and requirements, please see the draft Invitation to Tender, which can be accessed here. The other documents available at this time are: Selection Questionnaire Instruction Document (click here); the Selection Questionnaire ( click here) and the draft Fund Management Agreement ( click here). An updated list of any questions received and answers given by NEF is available here. A copy of the contract notice published in the Official Journal of the European Union can be downloaded here.