TenderlineUK
Procurement Intelligence
Official OCDS
Find a Tender
complete
Official procurement procedure

Wales Pension Partnership Private Markets Investments

Pension investment services
Wales (UKL14)
Published value
Not published
Submission deadline Not published
Lots published3
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Carmarthenshire County Council: "Wales Pension Partnership Private Markets Investments". Published status: complete. Published value: Value not published. 3 published lots. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityCarmarthenshire County CouncilScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: Carmarthenshire County Council
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for Carmarthenshire County Council. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
4.5Bids / Report
16.6% of reports have one bid
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate available
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 558 active published awards; 554 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Published-to-award variance compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Procedure terms
Contracting AuthorityCarmarthenshire County Council
Procedure methodNot published
Procurement categoryNot published
Statuscomplete
Framework / DPSFramework
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published4 Aug 2022, 14:11 BST
Last source update4 Aug 2022, 14:11 BST
Recurring procurementNot published
ClassificationPension investment services
Delivery area
Wales (UKL14)
OCIDocds-h6vhtk-02e720
What is being bought
Carmarthenshire County Council is the Host Authority for the Wales Pension Partnership (WPP). The WPP, established in 2017 is a collaboration of all eight LGPS funds in Wales and is one of eight national Local Government Pension pools. The eight LGPS funds in Wales are: Cardiff and Vale of Glamorgan, City and County of Swansea, Clwyd, Dyfed, Greater Gwent (Torfaen), Gwynedd, Powys and Rhondda Cynon Taf. The WPP has total assets worth approximately 21.6bn GBP (as at 31st March 2021), 14.6bn GBP of which have already been pooled and a further 0.6bn GBP to be invested in an Emerging Markets sub fund later this year. - The WPP is now looking to develop a range of Private Market Sub-Funds which the Constituent Authorities (“CAs”) (Local Government Pension Funds) of Wales can use to obtain the private market exposure that they require to meet their locally decided strategic asset allocations. PLEASE NOTE: This procurement will focus on Private Credit and Infrastructure assets. Real Estate and Private Equity assets will be addressed in a future separate procurement exercise. For further details please refer to the documentation available on eTenderwales eTendering portal.
What changed
From the official release history
  1. tender value changed
    4 Aug 2022, 14:11 BST
  2. Status changed to complete
    4 Aug 2022, 14:11 BST
  3. Official notice release published
    4 Aug 2022, 14:11 BST
  4. Submission deadline changed to published date
    4 Aug 2022, 14:11 BST
  5. Published value updated to £45,000,000
    1 Oct 2021, 16:44 BST
  6. Status changed to active
    1 Oct 2021, 16:44 BST
  7. Official notice release published
    1 Oct 2021, 16:44 BST
  8. Submission deadline changed to 5 Nov 2021, 14:00 GMT
    1 Oct 2021, 16:44 BST
  9. Buyer information updated
    1 Oct 2021, 16:44 BST
Lots and requirements (3)
Published by the contracting authority
  • Lot 1 · #1
    Private Debt Investments Allocator
    cancelled
    Published valueNot published
    Private Markets Allocator to establish a Private Debt investment programme over a series of vintages utilising best in class closed end investment funds, co- investments and / or direct investments. Please refer to the eTender on eTenderwales and view the WPP Private Markets - Lot 1 - Private Debt allocator - Quantitative PQQ.xls Tab 1 for detailed investment objectives and constraints. This information can be accessed via the eTender opportunity on eTenderwales and will be located in the General Attachments Area and Technical Envelope. Additional information: Please refer to the eTender opportunity on eTenderwales for further information.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
  • Lot 2 · #2
    Infrastructure Investments Allocator
    cancelled
    Published valueNot published
    Private Markets Allocator to establish an infrastructure investment programme over a series of vintages utilising best in class closed end investment funds, co-investments and / or direct investments. Potential oversight role for portfolio of open-ended infrastructure investments identified by WPP. Please refer to the eTender on eTenderwales and view the WPP Private Markets - Lot 2 - Infrastructure Allocator - Quantitative PQQ.xls Tab 1 for detailed investment objectives and constraints. This information can be accessed via the eTender opportunity on eTenderwales and will be located in the General Attachments Area and Technical Envelope. Additional information: Please refer to the eTender opportunity on eTenderwales for further information.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
  • Lot 3 · #3
    Open Ended Infrastructure Funds
    cancelled
    Published valueNot published
    Open-Ended infrastructure fund investment(s) Please refer to the eTender on eTenderwales and view the WPP Private Markets - Lot 3 - Infrastructure Open-Ended Funds - Quantitative PQQ.xls Tab 1 for detailed investment objectives and constraints. This information can be accessed via the eTender opportunity on eTenderwales and will be located in the General Attachments Area and Technical Envelope. Additional information: Please refer to the eTender opportunity on eTenderwales for further information.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    4 Aug 2022, 14:11 BST
  2. Award active
    Not published · Not published
  3. Award active
    Not published · Not published
  4. Award active
    Not published · Not published
  5. Contract active
    Signed 1 Apr 2022, 00:00 BST · £15,000,000
  6. Contract active
    Signed 1 Apr 2022, 00:00 BST · £15,000,000
  7. Contract active
    Signed 1 Apr 2022, 00:00 BST · £15,000,000
Commercial outcome and competition
Awards
GCM Grosvenor
Not published · Not published · active
IFM Investors, Octopus Group
Not published · Not published · active
Russell Investments
Not published · Not published · active
Contracts
Infrastructure Investments Allocator
£15,000,000 · signed 1 Apr 2022, 00:00 BST · active
Open Ended Infrastructure Funds
£15,000,000 · signed 1 Apr 2022, 00:00 BST · active
Private Debt Investments Allocator
£15,000,000 · signed 1 Apr 2022, 00:00 BST · active
Bid statistics
bids: 8 (lot 1)
electronicBids: 8 (lot 1)
foreignBidsFromEU: 8 (lot 1)
foreignBidsFromNonEU: 0 (lot 1)
smeBids: 8 (lot 1)
bids: 8 (lot 2)
electronicBids: 8 (lot 2)
foreignBidsFromEU: 8 (lot 2)
foreignBidsFromNonEU: 0 (lot 2)
smeBids: 8 (lot 2)
bids: 8 (lot 3)
electronicBids: 8 (lot 3)
foreignBidsFromEU: 8 (lot 3)
foreignBidsFromNonEU: 0 (lot 3)
smeBids: 8 (lot 3)
Buyer and organisations in this procedure

Carmarthenshire County Council

Contracting authority GB-FTS-1552
View buyer profile

  • Carmarthenshire County Council
    buyer
    centralPurchasingBody

    County Hall, Carmarthen, UKL14, SA31 1JP
    CRCorporateprocurement@carmarthenshire.gov.uk
    +44 1267234567

  • GCM Grosvenor
    supplier

    33 Jermyn Street, London, UK, SW1Y6DN
    +44 8473023586

  • High Court
    reviewBody

    Royal Courts of Justice, The Strand, London, WC2A 2LL
    +44 2079477501

  • IFM Investors
    supplier

    2 London Wall Place, London, UK, EC2Y5AU
    +44 207448961

  • Octopus Group
    supplier

    33 Holborn, London, UKI, EC1N2HT
    +44 07857501787

  • Russell Investments
    supplier

    Rex House, 4-12 Regent Street, London, UK, SW1Y4PE
    +44 2070246085
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published