Breadth of Capabilities and Strength of Global
Operations to Help Accelerate Growth
OAKS,
Pa., Sept. 9, 2024 /PRNewswire/
-- SEI® (NASDAQ:SEIC) today announced that it
exceeded $1.5 trillion in alternative
assets under administration1, 2 in its Investment
Managers business, which services private equity, private credit,
venture capital, hedge, real estate, and infrastructure funds. As
the largest private credit fund administrator by assets
globally,3 SEI's clients include 43 of the top 100
largest investment managers.4
Global alternative assets under management are expected to reach
$24.5 trillion by 2028, with private
equity and private debt projected to reach $8.5 trillion and $2.8
trillion, respectively.5 With expertise across
all alternative strategies, asset classes, and jurisdictions, SEI
helps clients solve complex operational and business challenges,
giving them the confidence and insight they need to grow their
businesses, scale operations, and serve their investors. With
operational centers in Oaks, PA,
London, Dublin, and Luxembourg, SEI delivers a cohesive,
integrated operational platform and client service model that
provide clients with transparency into their data and day-to-day
fund operations.
Phil McCabe, Head of SEI's
Investment Managers business, said:
"Our decades-long growth and success reflect our unwavering
commitment to delivering expertise, stability, and next-gen
solutions to our clients worldwide. As the market continues to
evolve globally, we help our clients navigate uncertainty, simplify
their investment processes, gain transparency into their data, and
operate their businesses more efficiently.
"With increasing investor demands for access to alternative
investments and a regulatory environment growing with complexity,
SEI is uniquely positioned to deliver on those needs. The breadth
of our capabilities across technology, operations, and asset
management—coupled with our expansive reach across markets—enable
us to build the industry connections and provide the customized
solutions that drive growth for our company and our clients."
1 Convergence - Fund Administration – League
Table (Global AUA), July, 2024
2 Alternatives assets under administration represents
committed capital and net asset value.
3 Preqin as of Jan. 31,
2024
4 Pensions & Investments' Largest Money
Managers 2023 ranking
5 Preqin's Future of Alternatives 2028 report.
About SEI®
SEI (NASDAQ:SEIC) delivers
technology and investment solutions that connect the financial
services industry. With capabilities across investment processing,
operations, and asset management, SEI works with corporations,
financial institutions and professionals, and ultra-high-net-worth
families to help drive growth, make confident decisions, and
protect futures. As of June 30, 2024,
SEI manages, advises, or administers approximately $1.5 trillion in assets. For more information,
visit seic.com.
About SEI's Investment Managers business
SEI's
Investment Managers business provides advanced operating
infrastructure for investment organizations of all types to evolve
and compete in a landscape of escalating business
challenges. SEI's global operating platform delivers
customized and integrated capabilities across a wide range of
investment vehicles, strategies, and jurisdictions to investment
managers and asset owners. Our services enable users to gain scale
and efficiency, keep pace with marketplace demands, and run their
businesses more strategically. SEI partners with more than
320* traditional asset managers, alternative managers, and
sovereign wealth managers, including 43 of the top 100 asset
managers worldwide.** For more information, visit seic.com/ims.
*Does not include family office clients.
**Based on Pensions & Investments' Largest Money
Managers 2023 ranking.
Company
Contact:
|
Media Contact:
|
Emily
Baldwin
|
Kerry Mullen
|
SEI
|
Vested
|
+1
610-676-3262
|
+1
917-765-9720
|
ebaldwin@seic.com
|
kerry@fullyvested.com
|
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SOURCE SEI Investments Company