Tenders Are Invited For Portfolio Management Services – Administration And Implementation Services Of The Venture Capital Fund Financial Instrument, Financed By The North-West Regional Program 2021-2027

Portfolio Management Services – Administration And Implementation Services Of The Venture Capital Fund Financial Instrument, Financed By The North-West Regional Program 2021-2027. The Contracting Authority Intends To Acquire The Services Of A Fund Administrator Registered Or Authorized As An Aifm Or Who Will Register As An Aifm (Alternative Investment Fund Administrator - Fund Administrator) According To Directive 2011/61/Eu (Aiam), For The Implementation Of The Financial Instrument Named Risk Capital Fund, Financed By The North-West Regional Program 2021-2027. The Winning Bidder (The Fund Administrator) Will Provide The Services And Carry Out The Activities, Which Are Stated Below And In The Purchase Agreement, And Which Will Be Carried Out In Accordance With The Provisions Of The Purchase Agreement And The Relevant Applicable Standards, As Follows: • Preparation And Implementation Of The Necessary Actions For The Establishment Of The Fund (Aif) With Risk Capital, In A Jurisdiction Of Its Choice Within A Member State Of The European Union In Accordance With The Applicable Law (Including The Applicable Law For The Aif), Which Will Make Investments Through Financial Products In Eligible Final Recipients From The North-West Region Of Romania; • Administration And Management Of The Investment Portfolio Of The Established Fund, As Well As The Risks Related To The Investment Portfolio, In Accordance With The Purchase Agreement, The Constitutive Documents Of The Fund And The Applicable Legislation (Including Directive No. 2011/61/Eu); • Attracting Capital Commitments From Independent Private Investors At The Fund Level And/Or Co-Investments At The Final Recipients Level Through Co-Investment Schemes, Depending On The Nature Of The Bidders Proposal; • The Identification Of The Eligible Final Recipients And The Eligible Investments, And The Evaluation Of The Fulfillment Of The Eligibility Requirements By The Final Recipients And The Eligible Investments, Including By Performing Analyzes Regarding The Permitted Purpose Of The Financing/Investment, The Potential Economic Viability Of The Investment, Etc., According To The Provisions Of The Purchase Agreement ; • The Structuring, Negotiation And Realization Of Eligible Investments Of The Fund In Final Recipients, In Accordance With The Investment Strategy, The Business Plan Attached To The Purchase Agreement; • Monitoring And Evaluating The Periodic Performance (Corresponding To The Reporting Periods) Of The Companies In The Funds Portfolio In Which Investments In Financial Products Were Made, Establishing And Monitoring The Achievement Of Key Results And Indicators, Including The Provision Of Assistance And Managerial Support To The Final Recipients In Relation To The Strategy Of Increasing Their Commercial Activities To Maximize Their Profits, Making Continuation Investments (If Applicable), Managing Investments With Poor Performance, Etc.; • Completion Of The Investments In Accordance With The Investment Strategy, The Investment Completion Strategy And The Business Plan Attached To The Purchase Agreement; • Ensuring Relevant Distributions To Fund Investors; •

47,05,882 - RON

FileName	File Description
Global Tender Document	Tender Notice