SEI’s Inner Circle Advisors Fund celebrates 30 years
OAKS, Pennsylvania., November 4, 2021 / PRNewswire / – SEI (NASDAQ: SEIC) today celebrated the 30th anniversary of its Advisors’ Inner Circle Fund® (AIC) series trust, while announcing that the AIC platform’s net assets exceeded 84 billion dollars from September 30, 2021. Serving 111 funds on behalf of 45 investment advisors, this milestone reinforces AIC’s stature as one of the leading and oldest turnkey platforms in the 40 Act vehicle fund industry. .
“The success and growth of AIC has been nothing short of astounding since we launched the first trust in 1991, and none of this could have happened without the partnership and trust of our exceptional fund manager clients.” , commented John alshefski, responsible for the traditional activity of the Investment Manager Services (IMS) division of SEI. “Our success represents the continued commitment we have made to the business as a whole and the AIC Trust in particular, as well as our ability to forecast market trends and take advantage of opportunities in an environment of constant change.”
SEI helped launch the AIC Series Trust as a turnkey, institutional-grade mutual fund operating platform, providing asset managers with a comprehensive fund infrastructure and enabling them to deliver solutions. to market faster and more efficiently. Today, the AIC platform has evolved its services and expertise to support not only mutual funds, but also exchange-traded funds (ETFs) and closed-end funds, including mutual funds. interval, bidding and auction.
“Over the past three decades, the Advisors’ Inner Circle fund has evolved and extended its comprehensive operating platform to meet the changing regulatory landscape, new investment vehicles and investor demands,” said note Mike beattie, Managing Director of SEI’s IMS Division and Chairman of Advisors’ Inner Circle Fund. “The AIC platform gives managers access to an independent board of directors, legal counsel and a compliance officer, as well as the financial benefits of trust-level expense sharing with other members of the platform. Managers also benefit from an experienced strategic relationship manager and cost-effective access to the best auditors and custodians in the industry. ”
“We selected SEI’s Inner Circle as the ’40 Act platform from which to launch our ETF in order to obtain the expertise and infrastructure to manage the operational complexities associated with such a vehicle,” said Marc Schlarbaum, Managing Director and Head of Capital Markets at Rayliant Global Advisors. “Thanks to SEI’s turnkey platform and exceptional customer service, we were able to get to market faster than expected and focus on launching and distributing our fund rather than operational challenges.
“We designed our new offering, the Delaware Wilshire Private Markets Fund, with the aim of democratizing alternative investments by removing structural barriers that prevent individual investors from accessing private market investments and improving the customer experience. “, said Neil siegel, Director of Marketing at Macquarie Asset Management. “SEI’s AIC platform provides the operational infrastructure and expertise we needed to successfully deliver the closed-end auction fund, ensuring a better experience for advisors and their clients.
SEI’s IMS division is a leading award-winning provider of outsourced investment operations solutions to investment managers worldwide. IMS is part of SEI’s Global Wealth Management Services business, which includes innovative and market-leading solutions designed to support the future growth of investment and wealth managers globally.
After 50 years in business, SEI (NASDAQ: SEIC) remains a leading global provider of investment processing, investment management and investment operations solutions designed to help businesses, financial institutions, financial advisers and high net worth families to build and manage wealth. From September 30, 2021, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages, advises or administers approximately $ 1.3 trillion in hedge, private equity, mutual funds and assets pooled or managed separately, of which approximately $ 392 billion in assets under management and $ 866 billion in the assets of clients under administration. For more information, visit seic.com.
About SEI’s Investment Manager Services Division
SEI’s investment management services provide investment organizations of all types with the advanced operating infrastructure they need to grow and compete in a landscape of growing business challenges. SEI’s award-winning global operating platform provides investment managers and asset owners with personalized, integrated capabilities across a wide range of investment vehicles, strategies and jurisdictions. Our services allow users to be scalable and efficient, keep pace with market demands, and manage their businesses more strategically. SEI partners with more than 550 traditional and alternative asset managers, as well as sovereign wealth funds and family offices, representing nearly $ 37 trillion in assets, including 49 of the top 100 global asset managers *. For more information, visit seic.com/ims.
* Based on the 2020 ranking of the “biggest fund managers” of Pensions & Investments.
It is important to note that, overall, the risk profile of private market investment strategies is higher than that of other asset classes. These risks may include, but are not limited to, liquidity risk and the absence of a secondary market for trading in securities; risk management ; risk of concentration and non-diversification; lack of transparency; and volatility. This communication does not constitute an offer to sell or the solicitation of an offer to buy any specific investment product sponsored by, or investment services provided by Macquarie Investment Management or its affiliates, or Wilshire or its subsidiaries. Investing involves risks, including the possible loss of capital. Past performance does not represent future results. There is no guarantee that the investment objectives will be achieved. Diversification does not guarantee a gain or a protection against a loss. Nothing presented should be construed as a recommendation to buy or sell any security or to follow any technique or investment strategy. This is neither an offer to sell nor a solicitation of an offer to buy the securities described herein. Only a Delaware Wilshire Private Markets Fund prospectus can make such an offer. The fund is distributed by SEI Investments Distribution Co.
Carefully consider the investment objectives, risk factors, fees and expenses of the Fund before investing. This and other information can be found in the Fund’s prospectus and its simplified prospectus, which can be obtained by calling 855 520-7711. Investors should read the prospectus and summary prospectus carefully before investing. Investment in the Fund may only be made by entities or individuals who are “approved investors” within the meaning of Regulation D under the Securities Act of 1933.
Company details :
Kristina Pereira Tully
+1 917-765-8720, ext. 1029
SOURCE SEI Investment company