The Provision of Investment Management Services for the Scottish Universities Fund Ignition Strategy
The contract covers the provision of investment management services for the Scottish Universities Fund Ignition Strategy, including establishing and managing a £15 million segregated investment mandate. The buyer is the Scottish National Investment Bank, a public investment institution supporting economic development and business growth in Scotland. The appointed investment manager will establish and operate an appropriate investment vehicle, act under delegated discretion, and manage the mandate in accordance with an agreed Investment Management Contract and the tender requirements, with the Bank as sole investor. The estimated contract value is £6.5 million, while the available information does not state the contract duration or management timeframe. Delivery is specified across the UK, within the wider Scottish Universities Fund platform supporting the creation, growth and long-term scaling of university-originated companies in Scotland. The critical eligibility requirement is that bidders must be suitably qualified and authorised investment management firms.
Buyer: Scottish National Investment Bank. Source: Public Contracts Scotland. Updated 9 Oct 2026.
Key facts
- Estimated value: £6.5m
- Bids close: 10 Nov 2026
- Location: City of Edinburgh
- Procedure: Open procedure
- Category: Banking and investment services (66100000)
From the official notice
The Bank is seeking proposals from suitably qualified and authorised investment management firms to establish and manage a 15 million GBP segregated investment mandate for the delivery of the Scottish Universities Ignition Fund Strategy ("the Mandate"). The successful bidder will be expected to establish and operate an appropriate investment vehicle through which the Mandate will be delivered, with the Bank acting as the sole investor. The Mandate forms one of two complementary investment strategies within the Scottish Universities Fund ("SUF"), a broader investment platform designed to support the creation, growth and long-term scaling of university-originated companies in Scotland. The purpose of this Invitation to Tender (ITT) is to appoint an investment manager with delegated discretion to manage the Mandate in accordance with an agreed Investment Management Contract and the requirements set out in this ITT.
View the official notice
Questions about this tender
When is the deadline?
Bids close on 10 Nov 2026.
What is it worth?
The estimated value is £6.5m.
Who can apply?
Any supplier that meets the buyer's requirements can apply. Check the official notice for conditions.
How do I bid?
Open the official notice, register on the buyer's portal and submit your bid before the deadline.
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