Sports field with goal posts and houses in the distance

Tender process commences for commercial property and infrastructure funds

The GMCA is seeking tenders from investment advisers to manage investments from the existing Evergreen Fund, alongside two new funds, Evergreen 2 and the Low Carbon Fund.

Funded from the European Regional Development Fund, The Greater Manchester Combined Authority has commenced a procurement process for the provision of investment adviser, operator and administrator services in respect of three commercial property and infrastructure funds. These include the existing Evergreen Fund (£59m), alongside its successor, Evergreen 2 (£45m) and a dedicated Low Carbon Fund (£15m). The deadline for tenders is 15th March 2017.

For further details on the opportunity and how to apply, please visit The Chest, the North West's Local Authority Procurement Portal.

Article Published: 13/12/2018 21:14 PM