Stale Pre-tender

Investment Funds

Details

Topic
Banking and investment services
Published
20 May 2026

Tender description

The provision of Fund Management Services relating to the Commercial Investment Fund (CIF) and Residential Investment Fund (RIF), and other funds as required. The appointed supplier will provide investment management and operational support for the funds, including the identification, assessment, and management of investment opportunities in accordance with investment objectives and governance framework. In addition to supporting new investments, the appointed supplier will assume responsibility for managing the existing CIF and RIF loan portfolio. This procurement seeks to appoint a delivery partner capable of supporting the effective deployment and management of these funds while ensuring robust governance, transparency, and alignment with WMCA's regional economic objectives.

Timeline

  1. Completed: Pre-tender published20 May 2026
    Current notice

About the buyer

West Midlands Combined Authority runs regional transport, growth and skills programmes for seven West Midlands councils, and buys as a local authority with its own procurement team. Transport for West Midlands, the authority's transport arm, procures local transport policy and delivery on its behalf. The Mayor and the leaders of the seven constituent councils sign off major contracts through the authority's board.

A rolling pipeline lists larger opportunities expected over the next eighteen months.

Over the past 5 years, most of the West Midlands Combined Authority's contract awards have been in architectural and engineering services, business services and IT services.

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Decision makers

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