Fund Managers Service For The Scottish Government.

Descriptions

This Pre-Qualification Questionnaire is for the provision of a Fund Managers Service to The Scottish Government. Scottish Government, through its SME Holding Fund Manager, is seeking to competitively select up to 6 organisations to become fund managers, with at least one fund manager for micro-finance, at least one for debt, and at least one for early stage equity.The responses to this questionnaire will be used to select 12 potential suppliers that will be taken to the Invitation to Tender stage of this 2-stage process.ObjectiveThe key objective of this Contract Agreement is to consistently deliver a service that:— meets agreed quality standards,— delivers value for money,— meets a wide range of customer requirement,— supports ministerial policies relating to access to Finance,— consistently delivers ‘best practice’ in relation to Financial Fund Management,— delivers continuous improvement throughout the term of the Contract Agreement,— provides a flexible service in response to the changing requirements of the Scottish Government,— has a track record in both terms of Investment and Portfolio Management,— is open and transparent,— is innovative,— is commercially aware,— addresses market failures and focuses on addressing gaps in the provision of finance to SMEs with growth and export potential,— achieves an overall leverage target of 4 GBP per 1 GBP grant from the SME Holding Fund,— achieve the SME Holding fund's target of at least 1950 jobs in the third to fifth year following investments.