SEI Extends Relationship With Graham Capital Management to Provide Outsourcing Services for Hedge Fund ComplexOctober 2, 2012
Fully Integrated Operating Platform, Ability to Handle High Daily Trading Volumes Pointed To for Contract Continuance
DUBAI, UNITED ARAB EMIRATES–(Marketwire – October 2, 2012) – SEI (NASDAQ: SEIC) today announced that it has extended its relationship with Graham Capital Management, L.P. to provide operations outsourcing services for the firm’s multi-billion dollar, multi-strategy hedge fund and managed accounts complex. The announcement highlights SEI’s leadership position among managers seeking to deliver a premium investor experience in a complex daily reporting environment.
Graham Capital has partnered with SEI since 2007, providing a full daily service model that includes trade processing, asset verification, asset valuation, P&L calculation, and NAV production in a highly automated and integrated operating model. SEI serves as Graham Capital’s platform provider, offering market-leading data services that enable better decision support and deeper reporting capabilities via best-in-class technology. Outsourcing to SEI also provides Graham Capital’s investors administrative independence, and gives them a high degree of confidence when performing operational due diligence as part of their investment decision-making process.
“When we first made the decision to outsource daily reporting, SEI was the best fit for us, and as we’ve grown we still feel they are the right partner,” said Paul Sedlack, Chief Executive Officer of Graham Capital Management. ”Throughout our relationship, SEI’s infrastructure has been reliable and proven to be scalable and adaptable time and again. We have come to depend on them as an integral component of our business and as an important factor in our continued success.”
“Graham Capital continues to demonstrate a high level of sophistication and retains an excellent reputation in the industry, and we’re pleased to continue our strategic partnership with them as they continue their incredible success,” said Steve Meyer, Executive Vice President, SEI and Head of SEI’s Investment Manager Services division. “They require a high level of service and automation in order to support their investment management activities and deliver an outstanding investor experience. Their needs keep us continually innovating and enhancing our services so they can focus on and invest in their core investment management activities.”
About SEI’s Investment Manager Services Division
SEI’s Investment Manager Services division provides comprehensive operational outsourcing solutions to support investment managers globally across a range of registered and unregistered fund structures, diverse investment strategies and jurisdictions. With expertise covering traditional and alternative investment vehicles, the division applies customized operating services, industry-leading technologies, and practical business and regulatory insights to each client’s business objectives. SEI’s resources enable clients to meet the demands of the marketplace and sharpen business strategies by focusing on their core competencies. The division has been recently recognized by Buy-Side Technology as “Best Fund Administrator,” by Hedge Funds World Middle East as “Best Service Provider,” by Global Investor as “Hedge Fund Administrator of the Year,” and by HFMWeek as “Best Single Manager Hedge Fund Administrator (Over $30B AUA)” in the U.S. and “Best Administrator – Technology Provider” in Europe. For more information, visit http://www.seic.com/enME/
SEI (NASDAQ: SEIC) is a leading global provider of investment processing, fund processing, and investment management business outsourcing solutions that help corporations, financial institutions, financial advisors, and ultra-high-net-worth families create and manage wealth. As of June 30, 2012, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages or administers $424 billion in mutual fund and pooled or separately managed assets, including $182 billion in assets under management and $242 billion in client assets under administration. For more information, visit http://www.seic.com/enME/
About Graham Capital Management
Founded by Kenneth G. Tropin in 1994 as a proprietary trading company, Graham Capital Management, L.P. is a leading investment manager within the alternative investment industry. The firm offers a wide range of macro-oriented discretionary and quantitative investment strategies. Graham manages assets of approximately $7.8B on behalf of global pensions, sovereign wealth funds, endowments and foundations, investment management advisors and qualified individual investors. Currently, 57% of Graham’s assets are in discretionary macro-oriented strategies and 43% are in systematic macro strategies. Graham’s investment offerings are designed to produce attractive absolute and risk-adjusted returns while maintaining low correlation to traditional asset classes, as well as to other hedge fund strategies. Graham and its affiliates have approximately 230 employees based in Rowayton, Connecticut and London, U.K.
Services provided by SEI Investments – Global Fund Services Limited (Reg. in Dublin No. 242309), SEI Investments Trustee & Custodial Services (Ireland) Limited (Reg. in Dublin No. 315393), and their affiliates, which are all wholly owned subsidiaries of SEI Investments Company. SEI Investments – Global Fund Services Limited and SEI Investments Trustee & Custodial Services (Ireland) Limited (Styne House, Upper Hatch Street, Dublin 2, Ireland) are authorized by the Central Bank of Ireland under the Investment Intermediaries Act of 1995.
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