LD Pensions' tender for an Investment Management Agreement concerning Listed Alternatives

Lønmodtagernes Dyrtidsfond ('LD Pensions')

The object of the tender is to select an Investment Manager to provide investment management services for LD Pensions' assets within Listed Alternatives. LD Pensions is acting on behalf of its fully owned subsidiary Kapitalforeningen LD (KLD). The contract will be signed by KLD.
The size of the mandate covered by this contract notice are indicative due to LD Pensions' inability to determine the volume in advance. The value of the contracts is therefore LD Pensions' best estimate. The expected size of the mandate is DKK 2,000 million, approx. EUR 270 million. The objective for the mandate is to outperform private market returns over a full market cycle by investing in Listed Alternative securities, like Listed Investment Companies, Listed Investment Trusts, Listed Closed End Funds, Investment Companies, Business Development Companies, REITs and Venture Capital Trusts – all with underlying exposure to private market assets.

Deadline

Fristen for modtagelse af bud var på 2023-08-17. Indkøbet blev offentliggjort på 2023-07-17.

Leverandører

Følgende leverandører er nævnt i tildelingsbeslutninger eller andre indkøbsdokumenter:

• BI Asset Management Fondsmæglerselskab A/S

Hvem?

• Lønmodtagernes Dyrtidsfond ('LD Pensions')

Hvad?

• Bank- og investeringstjenesteydelser › Porteføljeforvaltning

Hvor?

• Danmark › Hovedstaden

Indkøbshistorik

Dato	Dokument
2023-07-17	Udbudsbekendtgørelse
2024-07-04	Bekendtgørelse om indgåede kontrakter

Udbudsbekendtgørelse (2023-07-17)
Objekt
Omfanget af udbuddet
Titel: Porteføljeforvaltning
Kort beskrivelse:

The object of the tender is to select an Investment Manager to provide investment management services for LD Pensions' assets within Listed Alternatives. LD Pensions is acting on behalf of its fully owned subsidiary Kapitalforeningen LD (KLD). The contract will be signed by KLD. The size of the mandate covered by this contract notice are indicative due to LD Pensions' inability to determine the volume in advance. The value of the contracts is therefore LD Pensions' best estimate. The expected size of the mandate is DKK 2,000 million, approx. EUR 270 million. The objective for the mandate is to outperform private market returns over a full market cycle by investing in Listed Alternative securities, like Listed Investment Companies, Listed Investment Trusts, Listed Closed End Funds, Investment Companies, Business Development Companies, REITs and Venture Capital Trusts – all with underlying exposure to private market assets.

Bekendtgørelsens metadata
Originalsprog: engelsk 🗣️
Dokumenttype: Udbudsbekendtgørelse
Kontraktens art: Tjenesteydelser
Forordning: Den Europæiske Union, med deltagelse af GPA-lande
Fælles glossar for offentlige kontrakter (CPV)
Kode: Porteføljeforvaltning 📦
Yderligere CPV-kode: Porteføljeforvaltning 📦
Sted for udførelsen
NUTS-region: Hovedstaden 🏙️

Procedure
Procedureform: Offentligt udbud
Bud-type: Indsendelse gældende for alle delaftaler
Kriterier for tildeling
Det økonomisk mest fordelagtige bud

Ordregivende myndighed
Identitet
Land: Danmark 🇩🇰
Type af ordregivende myndighed: Offentligretligt organ
Navn på ordregivende myndighed: Lønmodtagernes Dyrtidsfond ('LD Pensions')
Postadresse: Dirch Passers Allé 27, 2
Postnummer: 2000
Postby: Frederiksberg
Kontakt
Internetadresse: https://www.ld.dk/ 🌏
E-mail: aun@ld.dk 📧
Telefon: +45 31455187 📞
URL til dokumenter: http://eu.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=371331&B=KROMANNREUMERT 🌏
URL til deltagelse: http://eu.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=371331&B=KROMANNREUMERT 🌏

Reference
Datoer
Afsendelsesdato: 2023-07-17 📅
Tilbudsfrist: 2023-08-17 📅
Offentliggørelsesdato: 2023-07-21 📅
Identifikatorer
Bekendtgørelsesnummer: 2023/S 139-441198
EUT-S-nummer: 139
Yderligere oplysninger

Both mandatory and voluntary grounds for exclusion apply in this tender procedure, cf. section 134a-137 of the Danish Public Procurement Act.

Objekt
Omfanget af udbuddet
Kort beskrivelse:

The size of the mandate covered by this contract notice are indicative due to LD Pensions' inability to determine the volume in advance. The value of the contracts is therefore LD Pensions' best estimate. The expected size of the mandate is DKK 2,000 million, approx. EUR 270 million. The objective for the mandate is to outperform private market returns over a full market cycle by investing in Listed Alternative securities, like Listed Investment Companies, Listed Investment Trusts, Listed Closed End Funds, Investment Companies, Business Development Companies, REITs and Venture Capital Trusts – all with underlying exposure to private market assets.

Anslået samlet værdi: 4 000 000 EUR 💰
Kort beskrivelse:

A more detailed description of the characteristics of the mandate can be found in the Investment Guidelines (Investment Guidelines can be found in Schedule 1 of the Agreement).

Anslået værdi uden moms: 4 000 000 EUR 💰
Varighed: 60 måneder
Beskrivelse af fornyelser: The contract can be renewed by 12 months, up to two times.
Sted for udførelsen
Hovedsted eller sted for udførelsen: Frederiksberg

Juridiske, økonomiske, finansielle og tekniske oplysninger
Betingelser for deltagelse
Egnethed til at udøve det erhverv: The Tenderer is eligible to provide investment management services in the EU.
Teknisk og faglig kompetence:

The Tenderer has experience with managing a fund or segregated account with the following securities: LIC (Listed investment Company), LIT (Listed Investment Trusts), CEF (Closed End Funds), Investment Companies, Business Development Companies (US), Venture Capital Trusts (VCT) and/or Real Estate Investment Trusts (REIT).

To document its technical and professional ability, the Tenderer must submit a description of at least one and at most three track records/references. The description of the track record/reference must include a description of the above-mentioned securities involved and how they were/are managed by the Tenderer. In addition, the track record/reference must list the client, concern a mandate of at least EUR 20 million and must still be ongoing or concluded within the last three years. The Tenderer can document its technical and professional ability by filling out Appendix 5a Questionnaire and the ESPD.

Please be aware that there are other minimum requirements in Appendix 5a Questionnaire that concerns the performance of the contract for LD Pensions.

Procedure
Retsgrundlag: 32014L0024
Tidspunkt for modtagelse af tilbud: 23:00
Sprog, på hvilke bud eller ansøgninger om deltagelse kan indgives: dansk 🗣️
engelsk 🗣️
Tilbuddets gyldighedsperiode: 6 måneder
Dato for åbning af tilbud: 2023-08-17 📅
Tidspunkt for åbning af tilbud: 23:00

Ordregivende myndighed
Identitet
Nationalt registreringsnummer: 61552812
Kontakt
Enhed: Anders Nilsson
URL til dokumenter: http://eu.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=371331&B=KROMANNREUMERT 🌏

Supplerende oplysninger
Gennemgå organ
Navn: Klagenævnet for Udbud
Postadresse: Nævnenes Hus, Toldboden 2
Postby: Viborg
Postnummer: 8800
Land: Danmark 🇩🇰
Telefon: +45 35291000 📞
E-mail: klfu@naevneneshus.dk 📧
Internetadresse: https://erhvervsstyrelsen.dk/klagevejledning-0 🌏
Oplysninger om frister for klageprocedurer:

In accordance with Act No 953 2.6.2016 (Lov om klagenævnet for Udbud m.v.), the deadlines for submitting a complaint are the following:

Complaints about a candidate not being selected must be filed within 20 calendar days starting the day after the contracting authority sent notification to the candidates involved, cf. Section 171 of the Danish Public Procurement Act, provided that the notification includes a short account of the relevant reasons of the decision.

Complaints about the award procedure must be lodged with the Danish Complaints Board for Public Procurement before the expiry of:

1) 45 calendar days after the contracting authority has published a notice in the official Journal of the European Union (with effect from the day following the publication date);

2) 30 calendar days from the day following the day on which the contracting authority has informed the tenderers that the contracting authority have entered into a contract based on a framework agreement with reopening of competition or a dynamic purchasing system if the notification includes the relevant reasons for the decision;

3) 6 months after the contracting authority has signed a framework agreement from the day following the day that the contracting authority has notified the tenderers, cf. Section 2(2) of the Act or Section 171(4) of the Danish Public Procurement Act;

4) 20 calendar days from the day after the day the contracting authority has announced its decision, cf. section 185(2) of the Danish Public Procurement Act.

The complainant must inform the contracting authority of the complaint in writing and not later than simultaneously with the lodging of the complaint to the Danish Board of Public Procurement.

The complaint must state whether the complaint was lodged in the stand still period. If the complaint has not been lodged in the stand still period, the complaint must also state whether the complaint is requested to be given suspensive effect.

Tjeneste, hvorfra der kan indhentes oplysninger om klageproceduren
Navn: Konkurrence- og Forbrugerstyrelsen
Postadresse: Carl Jacobsens Vej 35
Postby: Valby
Postnummer: 2500
Telefon: +45 41715000 📞
E-mail: kfst@kfst.dk 📧
Internetadresse: http://www.kfst.dk 🌏
Kilde: OJS 2023/S 139-441198 (2023-07-17)

Bekendtgørelse om indgåede kontrakter (2024-07-04)
Objekt
Omfanget af udbuddet
Titel: Investment Management Agreement concerning Listed Alternatives
Kort beskrivelse:

The investment manager will provide investment management services for LD Pensions' assets within Listed Alternatives

Kontrakttype: Tjenesteydelser
Produkter/tjenester: Porteføljeforvaltning 📦
Anslået værdi uden moms: 4 000 000 EUR 💰
Samlet værdi af indkøbsaftalen (ekskl. moms): 12 250 000 DKK 💰
Beskrivelse
Titel: LD Pensions' tender for an Investment Management Agreement Concerning Listed Alternatives
Beskrivelse af udbuddet:

The object of the tender is to select an Investment Manager to provide investment management services for LD Pensions' assets within Listed Alternatives. LD Pensions is acting on behalf of its fully owned subsidiary Kapitalforeningen LD (KLD). The contract will be signed by KLD. The size of the mandate covered by this tender are indicative due to LD Pensions' inability to determine the volume in advance. The value of the contracts is therefore LD Pensions' best estimate. The expected size of the mandate is DKK 2,000 million, approx. EUR 270 million. The objective for the mandate is to outperform private market returns over a full market cycle by investing in Listed Alternative securities, like Listed Investment Companies, Listed Investment Trusts, Listed Closed End Funds, Investment Companies, Business Development Companies, REITs and Venture Capital Trusts - all with underlying exposure to private market assets.

Land: Danmark 🇩🇰
Sted for udførelsen: Byen København 🏙️
Varighed: 60 måneder
Højeste antal fornyelser: 2
Oplysninger om valgmuligheder
Indstillinger ✅
Beskrivelse af mulighederne:

The contract can be renewed by 12 months, up to two times for a total of 24 months.

Kriterier for tildeling
Kvalitetskriterium (navn): Pricing & Costs
Kvalitetskriterium (vægtning): 20
Kvalitetskriterium (navn): Quality of Services
Kvalitetskriterium (vægtning): 80
Titel
Partiets identifikationsnummer: LOT-0001
Beskrivelse
Postadresse: Dirch Passers Allé 27, 2.
Postnummer: 2100
By: Copenhagen

Procedure
Type af procedure
Åben procedure ✅
Retsgrundlag: Direktiv 2014/24/EU
Kriterier for tildeling
Vægtningstype: Vægtning (procentdel, præcis)

Tildeling af kontrakt
Der tildeles en kontrakt/et parti ✅
Partiets identifikationsnummer: LOT-0001
Kontraktnummer: LD Pensions' tender for an Investment Management Agreement concerning Listed Alternatives
Dato for indgåelse af kontrakten: 2024-05-07 📅
Titel: LD Pensions' tender for an Investment Management Agreement concerning Listed Alternatives
Oplysninger om udbud
Antal modtagne bud: 12
Oplysninger om kontraktens/parcellens værdi (ekskl. moms)
Kontraktens/parcellens samlede værdi: 12 250 000 DKK 💰
Tilbud – Identifikator: BI Asset Management Fondsmæglerselskab A/S
ID for delkontrakt eller gruppe af delkontrakter: LOT-0001
Oplysninger om udbud
Navn på tilbudsgiver: BI Asset Management Fondsmæglerselskab A/S
Navn og adresse på kontrahenten
Navn: BI Asset Management Fondsmæglerselskab A/S
Nationalt registreringsnummer: 20896477
Postadresse: Bredgade 40
Postnummer: 1260
Postby: Copenhagen
Region: Byen København 🏙️
Land: Danmark 🇩🇰
Enhed: Anette Charnouby
E-mail: ach@bankinvest.dk 📧
Telefon: +45 77319412 📞
URL: https://bankinvest.dk/ 🌏
Den økonomiske operatørs størrelse: Stor virksomhed

Ordregivende myndighed
Navn og adresser
Navn: Lønmodtagernes Dyrtidsfond ('LD Pensions')
Nationalt registreringsnummer: 61552812
Postadresse: Dirch Passers Allé 27, 2
Postnummer: 2000
Postby: Frederiksberg
Region: Byen København 🏙️
Land: Danmark 🇩🇰
Enhed: Anders Nilsson
E-mail: aun@ld.dk 📧
Telefon: +45 31 45 51 87 📞
URL: www.ld.dk/ 🌏
Køberprofilens adresse: https://eu.eu-supply.com/ctm/company/companyinformation/index/352919 🌏
Den ordregivende myndigheds type
Offentligretligt organ
Hovedaktivitet
Økonomiske og finansielle anliggender

Supplerende oplysninger
Gennemgå organ
Nationalt registreringsnummer: 37795526
Postadresse: Nævnenes Hus
Toldboden 2
Region: Vestjylland 🏙️
Enhed: https://naevneneshus.dk/start-din-klage/klagenaevnet-for-udbud/
Telefon: 004572405600 📞
Tjeneste, hvorfra der kan indhentes oplysninger om klageproceduren
Nationalt registreringsnummer: 10294819
Region: Byen København 🏙️
Enhed: www.kfst.dk
Telefon: 004541715000 📞
Gennemgangsprocedure
Præcise oplysninger om fristerne for gennemgangsprocedurer:

In accordance with Act no. 953 2.6.2016 (Lov om klagenævnet for Udbud m.v.), the deadlines for submitting a complaint are the following: Complaints about a candidate not being selected must be filed within 20 calendar days starting the day after the Contracting Authority sent notification to the candidates involved, cf. Section 171 of the Danish Public Procurement Act or Section 2, 1) no. 1 of the same Act, provided that the notification includes a short account of the relevant reasons of the decision. Complaints about the award procedure must be lodged with the Danish Complaints Board for Public Procurement before the expiry of: 1) 45 calendar days after the Contracting Authority has published a notice in the official Journal of the European Union (with effect form the day following the publication date); 2) 30 calendar days from the day following the day on which the contracting authority has informed the tenderers that the contracting authority has entered into a contract based on a Framework Agreement with reopening of competition or a dynamic purchasing system if the notification includes a sort account of the relevant reasons for the decision. 3) 6 months after the Contracting Authority has signed a Framework Agreement from the day fol-lowing the day that the Contracting Authority has notified the tenderers, cf. Section 2, 2) of the Act or Section 171, 4) of the Danish Public Procurement Act; 4) 20 calendar days form the day after the day the Contracting Authority has announced its decision see Section 185, 2) of the Danish Public Procurement Act. The complainant must inform the Contracting Authority of the complaint in writing and not later than simultaneously with the lodging of the complaint to the Danish Board of Public Procurement. The complaint must state whether the complaint was lodged in the stand still period. If the complaint has not been lodged in the stand still period, the complaint must also state whether the complaint is requested to be given suspensive effect. For more information, see https://naevneneshus.dk/media/10442/vejledning-klager.pdf.

Præcise oplysninger om fristerne for gennemgangsprocedurer

In accordance with Act no. 953 2.6.2016 (Lov om klagenævnet for Udbud m.v.), the deadlines for submitting a complaint are the following:
Complaints about a candidate not being selected must be filed within 20 calendar days starting the day after the Contracting Authority sent notification to the candidates involved, cf. Section 171 of the Danish Public Procurement Act or Section 2, 1) no. 1 of the same Act, provided that the notification includes a short account of the relevant reasons of the decision.
Complaints about the award procedure must be lodged with the Danish Complaints Board for Public Procurement before the expiry of:
1) 45 calendar days after the Contracting Authority has published a notice in the official Journal of the European Union (with effect form the day following the publication date);
2) 30 calendar days from the day following the day on which the contracting authority has informed the tenderers that the contracting authority has entered into a contract based on a Framework Agreement with reopening of competition or a dynamic purchasing system if the notification includes a sort account of the relevant reasons for the decision.
3) 6 months after the Contracting Authority has signed a Framework Agreement from the day fol-lowing the day that the Contracting Authority has notified the tenderers, cf. Section 2, 2) of the Act or Section 171, 4) of the Danish Public Procurement Act;
4) 20 calendar days form the day after the day the Contracting Authority has announced its decision see Section 185, 2) of the Danish Public Procurement Act.
The complainant must inform the Contracting Authority of the complaint in writing and not later than simultaneously with the lodging of the complaint to the Danish Board of Public Procurement. The complaint must state whether the complaint was lodged in the stand still period. If the complaint has not been lodged in the stand still period, the complaint must also state whether the complaint is requested to be given suspensive effect.
For more information, see https://naevneneshus.dk/media/10442/vejledning-klager.pdf.

Kilde: OJS 2024/S 130-401324 (2024-07-04)

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