SEI Announces Strategic Partnership with the Association of Governing Boards of Universities and Colleges

OAKS, Pa., Oct. 29, 2018 /PRNewswire/ -- SEI (NASDAQ: SEIC), a leading provider of outsourced chief investment officer (OCIO) services, today announced its strategic partnership with the Association of Governing Boards of Universities and Colleges (AGB), an organization centered on governance in higher education. AGB's membership boasts 1,300 boards, representing 1,900 colleges, universities and institutionally-related foundations.

As a Sustaining Sponsor of AGB, SEI gains a new discussion forum with board members of colleges and universities, as well as the opportunity to share thought leadership and expertise on important higher education issues, specifically surrounding endowment investment management.

"SEI is proud to be a strategic partner with AGB, and we look forward to growing our understanding of the issues decision-makers face in achieving their missions in this market," said Frank Wilkinson, Managing Director of North American Institutional Marketing at SEI. "We are committed to better understanding these challenges and providing investment solutions tailored to the unique needs of college and university endowments."

For more than 25 years, SEI has provided an OCIO solution for nonprofit institutions. The company currently works with 184 nonprofit clients, representing $27.3 billion in assets.* Of the 184 nonprofit clients, nearly 40 are colleges and universities. SEI's OCIO model and advisory solution for colleges and universities delivers an integrated and holistic approach for designing and implementing asset allocation strategies that best meet the organizational goals of the institution.

*as of September 30, 2018

About SEI's Institutional Group
SEI's Institutional Group is one of the first and largest global providers of outsourced investment management services. The company delivers integrated retirement, healthcare and nonprofit solutions to more than 485 clients in 12 countries, as of Sept. 30, 2018. Our solutions are designed to help clients meet financial objectives, reduce business risk and fulfill their due diligence requirements through implemented strategies for the management of defined benefit plans, defined contribution plans, endowments, foundations and board-designated funds. For more information visit: seic.com/institutional-investors.

About SEI
Now in its 50th year of business, SEI (NASDAQ:SEIC) is a leading global provider of investment processing, investment management, and investment operations solutions that help corporations, financial institutions, financial advisors, and ultra-high-net-worth families create and manage wealth. As of Sept. 30, 2018, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages, advises or administers $920 billion in hedge, private equity, mutual fund and pooled or separately managed assets, including $339 billion in assets under management and $576 billion in client assets under administration. For more information, visit seic.com.

About AGB
The Association of Governing Boards of Universities and Colleges (AGB) is the premier organization centered on governance in higher education, an indispensable partner for more than 1,300 institutional member boards representing 40,000 volunteer trustees, chief executives, organizational staff, policy makers, and other key industry leaders. For nearly a century, AGB has advanced the theory and practice of America's unique form of higher education governance as a leading voice, trusted advisor, and effective advocate, helping boards to explore and engage with solutions for their emerging and evergreen governance needs and questions.

SOURCE SEI

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