- 1. HAMPSHIRE COUNTY COUNCIL
- 2. Hartfordshire County Council
- 3. Isle of Wight Council
- 4. Kent County Council
- 5. Norfolk County Council
- 6. Suffolk County Council
- 7. West Northamptonshire Council
- 8. West Sussex County Council
- 9. East Sussex County Council
- 10. Cambridgeshire County Council
- 11. Essex County Council
Section one: Contracting authority
one.1) Name and addresses
HAMPSHIRE COUNTY COUNCIL
The Castle
WINCHESTER
SO238ZB
Contact
Samantha Pullinger
samantha.pullinger@hants.gov.uk
Telephone
+44 1962847826-847826
Country
United Kingdom
Region code
UKJ36 - Central Hampshire
Justification for not providing organisation identifier
Not on any register
Internet address(es)
Main address
one.1) Name and addresses
Hartfordshire County Council
Hartford
Country
United Kingdom
Region code
UKH23 - Hertfordshire
Justification for not providing organisation identifier
Not on any register
Internet address(es)
Main address
https://www.hertfordshire.gov.uk/home.aspx
one.1) Name and addresses
Isle of Wight Council
Isle of Wight
Country
United Kingdom
Region code
UKJ34 - Isle of Wight
Justification for not providing organisation identifier
Not on any register
Internet address(es)
Main address
one.1) Name and addresses
Kent County Council
Maidstone
Country
United Kingdom
Region code
UKJ4 - Kent
Justification for not providing organisation identifier
Not on any register
Internet address(es)
Main address
one.1) Name and addresses
Norfolk County Council
Norwich
Country
United Kingdom
Region code
UKH15 - Norwich and East Norfolk
Justification for not providing organisation identifier
Not on any register
Internet address(es)
Main address
one.1) Name and addresses
Suffolk County Council
Ipswitch
customer.services@suffolk.gov.uk
Country
United Kingdom
Region code
UKH14 - Suffolk
Justification for not providing organisation identifier
Not on any register
Internet address(es)
Main address
one.1) Name and addresses
West Northamptonshire Council
Northampton
enquiries.nbc@westnorthants.gov.uk
Country
United Kingdom
Region code
UKF24 - West Northamptonshire
Justification for not providing organisation identifier
Not on any register
Internet address(es)
Main address
https://www.westnorthants.gov.uk/
one.1) Name and addresses
West Sussex County Council
Chichester
Country
United Kingdom
Region code
UKJ27 - West Sussex (South West)
Justification for not providing organisation identifier
Not on any register
Internet address(es)
Main address
https://www.westsussex.gov.uk/
one.1) Name and addresses
East Sussex County Council
Lewes
purchasing.queries@eastsussex.gov.uk
Country
United Kingdom
Region code
UKJ22 - East Sussex CC
Justification for not providing organisation identifier
Not on any register
Internet address(es)
Main address
https://www.eastsussex.gov.uk/
one.1) Name and addresses
Cambridgeshire County Council
Cambridge
procurementandcommercial@cambridgeshire.gov.uk
Country
United Kingdom
Region code
UKH12 - Cambridgeshire CC
Justification for not providing organisation identifier
Not on any register
Internet address(es)
Main address
http://www.cambridgshire.gov.uk/
one.1) Name and addresses
Essex County Council
Chelmsford
Country
United Kingdom
Region code
UKH3 - Essex
Justification for not providing organisation identifier
Not on any register
Internet address(es)
Main address
one.2) Information about joint procurement
The contract involves joint procurement
one.4) Type of the contracting authority
Regional or local authority
one.5) Main activity
General public services
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
ACCESS Private Equity Allocators
Reference number
EX23875
two.1.2) Main CPV code
- 66131100 - Pension investment services
two.1.3) Type of contract
Services
two.1.4) Short description
The Authority is seeking to appoint up to two Private Equity Allocators to manage and grow the Private Equity Mandates of the ACCESS Pool members.
Two allocators will be appointed unless only one supplier is capable of meeting the requirements set out in the ITT, in which case the Authority reserves the right to appoint only a single supplier.
This procurement is being undertaken by Hampshire County Council (the Authority) on behalf of the Administering Authorities who together comprise the ACCESS Pool. The ACCESS Pool is a collaboration of 11 like-minded Local Government Pension Scheme Authorities, investing the pensions of over one million members, delivering strong investment performance, achieving greater cost efficiency and benefiting from the best of local authority procurement. Further information regarding the ACCESS Pool can be found here: https://www.accesspool.org/.
two.1.6) Information about lots
This contract is divided into lots: No
two.1.7) Total value of the procurement (excluding VAT)
Value excluding VAT: £2,000,000,000
two.2) Description
two.2.3) Place of performance
NUTS codes
- UKF2 - Leicestershire, Rutland and Northamptonshire
- UKH - East of England
- UKJ - South East (England)
two.2.4) Description of the procurement
Hampshire County Council is running this procurement on behalf of ACCESS pool and is seeking to appoint up to two investment managers to undertake the role of Private Equity Allocator in relation to the ACCESS Pool's Private Equity Mandates.
The procurement will be carried out as a two stage Restricted procedure. At the conclusion of the procurement procedure, each named Authority who wishes to undertake this type of investment will enter into its own contract with the successful Supplier at their own discretion.
The duration of the contract(s) shall be thirty (30) years, subject to a five (5) yearly review cycle during this period.
two.2.5) Award criteria
Price
two.2.11) Information about options
Options: Yes
Description of options
The Private Equity Allocator Contracts will be for a term of 30 years but subject to a 5 yearly review cycle.
Section four. Procedure
four.1) Description
four.1.1) Type of procedure
Restricted procedure
four.1.8) Information about the Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement: Yes
four.2) Administrative information
four.2.1) Previous publication concerning this procedure
Notice number: 2024/S 000-012912
Section five. Award of contract
Title
ACCESS Private Equity Allocator - Contract A
A contract/lot is awarded: Yes
five.2) Award of contract
five.2.1) Date of conclusion of the contract
16 December 2024
five.2.2) Information about tenders
Number of tenders received: 8
Number of tenders received from SMEs: 0
Number of tenders received by electronic means: 8
The contract has been awarded to a group of economic operators: No
five.2.3) Name and address of the contractor
Adams Street Partners LLC
7th Floor, One Great Cumberland Place
London
W1H 7A
Country
United Kingdom
NUTS code
- UKI - London
Companies House
3288300
The contractor is an SME
No
five.2.4) Information on value of contract/lot (excluding VAT)
Total value of the contract/lot: £1,000,000,000
Section five. Award of contract
Title
ACCESS Private Equity Allocator - Contract B
A contract/lot is awarded: Yes
five.2) Award of contract
five.2.1) Date of conclusion of the contract
16 December 2024
five.2.2) Information about tenders
Number of tenders received: 8
Number of tenders received from SMEs: 0
Number of tenders received by electronic means: 8
The contract has been awarded to a group of economic operators: No
five.2.3) Name and address of the contractor
HarbourVest Partners (U.K.) Limited
20 Air Street
London
W1B 5AN
Country
United Kingdom
NUTS code
- UKI - London
Companies House
2512083
The contractor is an SME
No
five.2.4) Information on value of contract/lot (excluding VAT)
Total value of the contract/lot: £1,000,000,000
Section six. Complementary information
six.3) Additional information
Please note that the contract values for Contracts A and B are notional based on a 50:50 split of the total value available. It is possible that one supplier will receive more work, and therefore earn more in fees, than the other.
six.4) Procedures for review
six.4.1) Review body
High Courts of England & Wales
London
Country
United Kingdom