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 te…
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Awarded to
Details
- What the buyer calls it
- Investment Manager for Endowment Funds - AWARD
- How they are buying
- Advertised, shortlist firstSuppliers applied to be considered, and the buyer picked who went on to bid.
- Type
- services
- Work starts
- 28 Jan 2020
- Work ends
- 14 Jan 2030
- Kind of work
- Accountancy, audit and financial advice
Who the buyer named
Martin McMahon was the named contact on this notice.