The Provision of Investment Management Services for the Scottish Universities Fund Ignition Strategy

Buyer

Scottish National Investment Bank

Value

£6,500,000

Closes

10 November 2026

Where

Edinburgh

Type

Open tender

In plain English

The Scottish National Investment Bank is looking for an investment management firm to set up and run a £15 million investment fund focused on helping university-based companies in Scotland grow. The successful bidder will manage this money on behalf of the Bank under a formal contract.

What the buyer wants

• Establish and operate an investment vehicle (a legal structure) to hold and manage the £15 million segregated mandate • Manage the fund with delegated discretion, meaning you make investment decisions within agreed parameters • Comply with an Investment Management Contract and all requirements set out in the tender documentation

Likely requirements

Our reading of the notice. Always check the tender documents.

This contract is exclusively for regulated, authorised investment management firms. No tradesperson, general contractor, or small business without FCA authorisation and significant experience in fund management can bid. This is a specialist financial services role, not a construction, facilities, or trades contract.

How to bid

This is an open tender: any eligible business can respond directly to the buyer by the deadline, with no framework membership needed.

How to write a tender response

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