Hämeenlinna Regional Fund Management Services

Hämeenlinna Regional Fund Management Services The City of Hämeenlinna and Linnan Kehitys Oy are currently preparing the establishment of a business loan fund named Katalyyttirahasto. The fund will be one of the city's business service instruments, aiming to promote the sustainable growth of companies in and from Hämeenlinna, and to attract companies to establish and locate in Hämeenlinna. This request for tenders is for the management of Katalyyttirahasto. The management of the fund must be organized in accordance with the regulations of the Financial Supervisory Authority. The service package to be tendered includes the following tasks: Manager's tasks in the first phase before the fund's establishment: - Resourcing of the investment team. - Creation of the loan process and development of evaluation tools. - Establishment of the fund management company and bank account, and organization of financial administration. - Documentation and registration with the Financial Supervisory Authority: investment strategy, fund description, and other necessary brochures, instructions, information, and forms. - Drafting, management, and compliance of fund partnership agreements and investment agreements. - Pre-marketing of the fund to potential investors and financing applicants, including e.g., descriptions on websites. Manager's tasks during the fund's operation: - Selection and analysis of investment targets suitable for the investment policy. - Handling of practical measures related to making investments, such as investment analysis, decisions, agreements, capital calls, and disbursements. - Management and accounting of the fund's assets.-Implementation of loan decisions, capital calls, and drafting of agreements. - Portfolio management, including the management of repayments and collections. - Monitoring of risk levels and investments. - Reporting to the steering group, investors, and authorities. - Annual financial statements and impact reporting. - Handling of measures related to exits. - Tasks related to the fund's finances and administration, such as accounting, payment transactions, budgeting, financial statements, tax returns, and other notifications to authorities. Tasks to be carried out in contractual cooperation between the manager and Linnan Kehitys: - Contacting and engaging potential investors. - Searching, identifying, activating, and evaluating targets suitable for the investment policy. - Developing target companies and assisting in achieving impact goals. - Investor and stakeholder cooperation. More detailed responsibilities for tasks to be carried out in cooperation between Linnan Kehitys and the manager will be specified as part of the tender and contract process. Participation in producing these tasks is not a prerequisite for tendering, but the expertise, added value, and work contributions gained by Linnan Kehitys and target companies will be scored as part of the tender evaluation. The service provider to be tendered through this request for tenders will act as the general partner of the fund to be established. Generally, the manager is expected to be an active partner of the fund's investors and an advocate for the fund's objectives. A more detailed description of the purpose and operating mechanisms of Katalyyttirahasto can be found in Appendix 4 of the request for tenders.