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Contract for Investment Manager for Endowment Funds

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What the buyer wrote

The University of Reading has a number of endowment assets held across a variety of classes, including agricultural land and investment properties, as well as more traditional endowment funds. The total amount held within these endowment funds (mainly equities and bonds) totalled £122.8m at 31 July 2019. The University of Reading and its associated Trusts and subsidiaries (the \"University Group\"), will appoint the Bidder who can manage the £120m+ of endowment portfolios as currently constituted, but with the capacity and expertise to expand the remit if required to include other classes of asset (such as private equity and infrastructure assets). This …

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Details

What the buyer calls it
Contract for Investment Manager for Endowment Funds
How they are buying
Advertised, shortlist firstSuppliers applied to be considered, and the buyer picked who went on to bid.
Type
services
Work starts
6 Jan 2020
Work ends
6 Jan 2030

Who the buyer named

Martin McMahon was the named contact on this notice.

m.t.b.mcmahon@reading.ac.uk