OAKS, PA — SEI® (NASDAQ: SEIC) has announced a significant milestone, surpassing $1.5 trillion in alternative assets under administration within its Investment Managers business. This achievement underscores SEI’s status as a leading global private credit fund administrator, serving 43 of the top 100 largest investment managers.
The global alternative assets market is on a trajectory to reach $24.5 trillion by 2028, with private equity and debt expected to account for substantial portions of this growth. SEI offers comprehensive expertise across various strategies and asset classes, aiding clients in tackling complex operational hurdles. The firm operates from strategic centers in Oaks, PA, London, Dublin, and Luxembourg, enhancing transparency and efficiency in fund operations.
Phil McCabe, Head of SEI’s Investment Managers business, stated, “Our decades-long growth and success reflect our unwavering commitment to delivering expertise, stability, and next-gen solutions to our clients worldwide. 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.”
SEI’s expansive capabilities in technology, operations, and asset management, combined with its global market reach, are pivotal in fostering industry connections and providing tailored solutions that facilitate growth for both SEI and its clientele.
For the latest news on everything happening in Chester County and the surrounding area, be sure to follow MyChesCo on Google News and MSN.