Contract for an Investment Fund Management Service for the County Council of Durham

This contract is for the appointment a single Financial Conduct Authority (FCA) authorised fund management company with the ability to deliver the following services on behalf of the Authority: 1. Fund management activity undertaken in relation to the Finance Durham Fund for Years 1 to 3 (with a possibility of annual extensions for up to a further two years). 2. Provision of access to finance (A2F) business support activity for Years 1 to 3 (with a possibility of annual extensions for up to a further two years). 3. Assistance and support to Durham County Council (DCC) in relation to setting up a new DCC owned FCA regulated fund management company (NEWCO). It is the intention of …

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