Fund Investment Adviser, Operator and Administrator Services for the Low Carbon Fund
Greater Manchester Combined Authority · £900,000 · closes 28 Jan 2020
£900,000
Estimated value
Closed
Deadline
18 Dec 2019
Published
This tender has closed.
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About this contract
The GMCA are looking to procure an Investment Adviser who shall be responsible for: (a) developing the pipeline of Potential Projects, following the origination of Potential Projects from public sector partners and the Investment Adviser's own network of contacts; (b) arranging the investment in and leading the negotiation and structuring of financial deals in viable projects with Project Developers who are Qualifying Financial Recipients and which fit within the Investment Policy. All projects should at least be in compliance with Applicable Requirements and the Eligibility Rules, including State Aid Law and have soundness in terms of business model, cash flow projections, investment and project implementation partners; (c) monitoring compliance and risk in accordance with Applicable Requirements and the Eligibility Rules, including the pursuit (investigation and where applicable correction and recovery) of irregularities at final recipient level where required; (d) managing and arranging Relevant Investments in order to meet the Targets; and (e) recommending and managing appropriate exit strategies from Relevant Investments. Full details on scope of the requirement can be found in the Tender Pack
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