Awarded Contractocds-h6vhtk-04b046

Procurement of Fund Management Services for North East Mezzanine and Loan Fund

The North East Fund seeks to appoint a professional, FCA authorised fund management organisation to deliver an SME investment fund which will make predominantly debt-based investments in revenue-generating SMEs based in the North East of England. The fund will address the persistent market gap in the provision of relatively small amounts of growth finance for SMEs in the North East of England, including unsecured loans and mezzanine / quasi-equity investment. In so doing, it will help to unlock regional growth, bui...

Buyer

THE NORTH EAST FUND LIMITED

Value

£16,700,000

Published

20 Mar 2026

Closes

22 Nov 2024

Procurement details

Source

Find a Tender

Region

Tyneside

Procurement method

Selective

Category

Services

Contract starts

Not provided

Contract ends

Not provided

CPV classifications

66100000

Banking and investment services

66122000

Corporate finance and venture capital services

Lots

Lot 1 Procurement of Fund Management Services for North East Mezzanine and Loan Fund

£16,700,000

The procurement process was conducted in accordance with the Public Contracts Regulations 2015 (as amended), using the Competitive Procedure with Negotiation as detailed in Regulation 29 of those Regulations. The Purpose of the procurement was to procure the services of a single FCA regulated fund manager. The contract has an initial duration of 10 years but...

Delivery: North East (England)

Documents

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