Financial Management Services of the University of Lapland Tender

• Country: Finland
• Summary: Financial Management Services of the University of Lapland and Lapland University of Applied Sciences Oy
• FIT Ref No: 135341120
• Deadline: 12 Mar 2026
• Financier: Self Financed
• Purchaser Ownership: Government
• Tender Value: Refer Document
• Notice Type: Tender
• Document Ref. No.: 284/02.08/2026
• Purchaser's Detail:
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• Description:
• The University of Lapland requests offers for financial management of a full power of attorney for the University of Lapland and the Lapland University of Applied Sciences Oy ("organizations"). within the stated limits. For the University of Lapland, the euro amount of the organizations' assets to be tendered, which the tender includes, is approximately 48 million. € and for Lapland University of Applied Sciences Oy about 26 million. €. Applications are being sought to manage these assets one principal asset manager through tendering. Of the assets to be invested, 0.9Meur is in an illiquid form, and this means that it takes longer to transfer approximately 0.9Meur to the asset manager, and the funds are transferred when they are realized. The procurement has not been divided into parts, because the goal is to implement a comprehensive asset management service with the selected main asset manager. The University of Lapland and Lapland University of Applied Sciences Oy have a joint investment strategy. Boards of organizations according to the decisions, the so-called full power of attorney asset management model is used in the management of investment assets. The organizations' investment assets are managed by one joint main asset manager and specialized asset managers who support him. investments must be made in investment funds that meet the criteria of the UCITS directive. The University of Lapland and the Lapland University of Applied Sciences value investment transparency, liquidity and effective diversification of investment risks also...
• Documents:

 Tender Notice