Portfolio managment system - private equity investments

Norfund

Norfund is planning to purchase a new portfolio management system.
Norfund (Norwegian Investment Fund for Developing Countries) is an investment company that develops and establishes profitable and sustainable enterprises in developing countries. The objective is to promote business development and contribute to economic growth and poverty alleviation. Norfund operates in some of the world’s poorest countries and invests in markets where ordinary commercial enterprises are often reluctant to venture alone because of the high risk. Norfund invests equity, directly in enterprises and indirectly through funds, as well as providing loans to individual companies.
Norfund is a company with limited liability established and operated under special legislation (the Norfund Act) and owned by the Norwegian Government through the Ministry of Foreign Affairs. Norfund acts as a key instrument of Norwegian development policy, and the Storting (Norwegian parliament) allocates annual capital grants to Norfund in its development assistance budget.
Norfund’s investment operations are divided into four investment areas: Financial Institutions, SME Funds, Renewable Energy and Industrial Partnerships. The organization currently has a total of 45 employees distributed between the main office in Oslo and regional offices in Johannesburg (South Africa), Nairobi (Kenya) San José (Costa Rica) and Bangkok (Thailand). At the end of 2010, Norfund had a committed portfolio of NOK 5.8 billion (USD 1 billion) and 85 investment projects.
Norfund’s main regions of activity are Eastern and Southern Africa. In addition, Norfund invests in Central America and selected countries in Southeast Asia (Bangladesh, Laos, Cambodia and Vietnam). Norfund’s accounts are in Norwegian kroner (NOK), but we invest in various currencies like USD, EUR, NOK, ZAR and local currencies like BDT, MZN.
Norfund succeeds in its goal of creating sustainable development and alleviating poverty by undertaking profitable investments that give rise to viable enterprises. This is achieved mainly through Norfund’s solid professional skills in the field of investment, combined with sound knowledge of the frameworks prevailing in the countries and sectors in which we invest, the enterprises and their managements, and the partners with whom we co-invest.
Portfolio Management System.
Norfund currently has a functioning portfolio management system (PSS). The system has so far to a large extent covered Norfund’s needs from a portfolio management system’s perspective. This includes the investment process, valuations, disbursements, cash flows, risk classification, Social Environment and Governance (ESG) data and project follow-up. We use the system for reporting on the portfolio and we should be able to use the new system for at least the same quality of reporting that we do today.
The procurement includes:
— licenses to a new system,
— implementation of system according to Norfunds needs,
— support and maintance of system.
NOTE: To register your interest in this notice and obtain any additional information please visit the Doffin Web Site at http://www.english.doffin.no/Search/Search_Switch.aspx?ID=234217.

Frist
Fristen for mottak av tilbud var 2011-08-10. Anskaffelsen ble publisert 2011-06-27.

Hvem?

• • Norfund

Hva?

• • Programvare og informasjonssystemer