LGPS Central manages on behalf of its Partner Funds a range of investments in Private Equity, Private Debt and Infrastructure. These are all managed in-house via Scottish Limited Partnership ("SLP") structure, whereby LGPSC sources and commits to fund investments on behalf of the investors.LGPS Central wishes to outsource the administration of all these investments and appointment a Fund Administrator. In addition, LGPS Central requires the provision of a Portfolio Monitoring System for these investments.
LGPS Central Limited wish to appoint a provider on behalf of (and for the benefit of) itself and associated Pension Funds, to provide Transition Management and Implementation Services for the forthcoming Emerging Market and Global Equity investment fund transitions.
LGPS Central Limited wish to appoint a provider on behalf of (and for the benefit of) itself and associated Pension Funds to provide Transition Management and Implementation Services for the forthcoming Emerging Market and Global Equity investment fund transitions.
For more information on how to apply for this contract:
https://in-tendhost.co.uk/LGPSCentral/aspx/
LGPS Central Limited requires provision of a web-based research tool which provides data on a wide ranging and in-depth list of Alternative funds. Under this requirement, the tool must cover Private Equity, Private Credit, Infrastructure and Property asset classes.
The initial contract period is for 36 months, with the option to extend for two further 12 month periods, leading to a maximum contract period of 60 months.
The tender opportunity and tender documents can be accessed at https://in-tendhost.co.uk/lgpscentral
LGPS Central Limited requires provision of a web-based research tool which provides data on a wide ranging and in-depth list of Alternative funds. Under this requirement, the tool must cover Private Equity, Private Credit, Infrastructure and Property asset classes.
LGPS Central is looking for Global Investment Grade Credit managers that already have a minimum £5bn of external client money invested in Global Investment Grade Credit as of 30th September 2024 with a five-year track record (to the same date) in managing a Global Active Investment Grade Credit strategy. LGPSC is looking for active managers who utilise a fundamental rather than quantitative approach, evidence of strong performance, and the capability to build a robust and high-quality credit portfolio.This procurement will be split into three stages:Stage 1 - Standard Questionnaire to manage correspondence and clarifications submitted via In-Tend Stage 2 - Presentation Stage to manage correspondence (including issuing results of Stage 1)Stage 3 - Due Diligence of successful managers (including issuing results of Stage 2)
Following the outcome of the government's 'Fit for Future' consultation, LGPS Partner Funds are required to take their primary advice on strategic asset allocation from their chosen asset pool (LGPS Central Limited being one of those asset pools).
Partner Funds' pension liabilities under membership of the LGPS are defined benefit in nature. By this, we mean that pension promises are made to members, and Partner Funds set aside large pools of assets held collectively, and in order to meet those pension promises. Strategic asset allocation decisions therefore require some consideration of those liabilities, including the impact on contributions requirements (to cover both ongoing accrual of benefits and any asset shortfall which may have arisen), as well as the likely investment returns (and uncertainty thereof) from the assets held.
A robust, good quality investment strategy modelling capability is therefore required to support the delivery of tailored strategic advice to Partner Funds. This requirement stems from the complexity of investment strategy decisions, the need for regulated and evidence-based advice, and the expectation of future-proofing capabilities such as scenario modelling and whole-of-fund management.
The Authority requires a platform that enables LGPS Central Limited to collect, validate and organise critical data and enable the creation of accurate and comprehensive reporting across both public and private markets.
Please see ITT documentation for further details.
LGPS Central manages on behalf of its Partner Funds a range of investments in Private Equity, Private Debt and Infrastructure. These are all managed in-house via Scottish Limited Partnership ("SLP") structure, whereby LGPSC sources and commits to fund investments on behalf of the investors.LGPS Central wishes to outsource the administration of all these investments and appointment a Fund Administrator. In addition, LGPS Central requires the provision of a Portfolio Monitoring System for these investments.