SEI Launches Depositary Services in Luxembourg
SEI (NASDAQ: SEIC) has announced the launch of depositary services for Luxembourg alternative investment funds (AIFs). The company's depositary assets have grown significantly from $17 billion in 2018 to $100 billion in 2024, currently serving over 430 funds. SEI holds leading positions as the largest fund administrator for U.S.-managed private market funds in Luxembourg and the largest private credit fund administrator globally by assets.
The new Luxembourg depositary services will complement SEI's existing offerings, including fund administration, registrar and transfer agent, and regulatory reporting services. The company provides services such as cash flow monitoring, oversight, ownership verification, and safekeeping of assets. SEI has been providing depositary services in Ireland for 25 years, where it is the largest non-bank depositary by AUM.
SEI recently surpassed $1.5 trillion in alternative assets under administration and has operational centers in Oaks, PA, London, Dublin, and Luxembourg.
SEI (NASDAQ: SEIC) ha annunciato il lancio di servizi di deposito per i fondi di investimento alternativi (AIF) in Lussemburgo. Le attività di deposito dell'azienda sono cresciute significativamente, passando da 17 miliardi di dollari nel 2018 a 100 miliardi di dollari nel 2024, attualmente servendo oltre 430 fondi. SEI ricopre posizioni di leadership come il più grande amministratore di fondi per fondi di mercato privato gestiti negli Stati Uniti in Lussemburgo e come il più grande amministratore di fondi di credito privato a livello globale per quanto riguarda le attività.
I nuovi servizi di deposito in Lussemburgo completeranno le offerte esistenti di SEI, tra cui amministrazione dei fondi, registrazione e agente di trasferimento, e servizi di reporting normativo. L'azienda offre servizi come monitoraggio dei flussi di cassa, supervisione, verifica della proprietà e custodia degli attivi. SEI fornisce servizi di deposito in Irlanda da 25 anni, dove è il più grande depositario non bancario in base all'AUM.
SEI ha recentemente superato 1,5 trilioni di dollari in attivi alternativi sotto amministrazione e ha centri operativi a Oaks, PA, Londra, Dublino e Lussemburgo.
SEI (NASDAQ: SEIC) ha anunciado el lanzamiento de servicios de depositario para fondos de inversión alternativos (AIF) en Luxemburgo. Los activos depositarios de la empresa han crecido significativamente, pasando de 17 mil millones de dólares en 2018 a 100 mil millones de dólares en 2024, actualmente sirviendo a más de 430 fondos. SEI ocupa posiciones de liderazgo como el mayor administrador de fondos para fondos de mercado privado gestionados en EE. UU. en Luxemburgo y el mayor administrador de fondos de crédito privado a nivel global por activos.
Los nuevos servicios de depositario en Luxemburgo complementarán la oferta existente de SEI, que incluye administración de fondos, registro y agente de transferencia, y servicios de informes regulatorios. La empresa ofrece servicios como monitoreo de flujo de caja, supervisión, verificación de propiedad y custodia de activos. SEI ha estado proporcionando servicios de depositario en Irlanda durante 25 años, donde es el mayor depositario no bancario por AUM.
SEI superó recientemente 1.5 billones de dólares en activos alternativos bajo administración y tiene centros operativos en Oaks, PA, Londres, Dublín y Luxemburgo.
SEI (NASDAQ: SEIC)는 룩셈부르크 대체 투자 펀드(AIF)를 위한 수탁 서비스 출시를 발표했습니다. 회사의 수탁 자산은 2018년에 170억 달러에서 2024년에는 1000억 달러로 크게 증가하였으며, 현재 430개 이상의 펀드에 서비스를 제공하고 있습니다. SEI는 룩셈부르크에서 미국에서 관리되는 사모 시장 펀드의 최대 펀드 관리자이자 전 세계에서 자산 기준으로 최대의 사모 신용 펀드 관리자입니다.
새로운 룩셈부르크 수탁 서비스는 SEI의 기존 제안을 보완하며, 여기에는 펀드 관리, 등록 및 이체 대행자, 규제 보고 서비스가 포함됩니다. 회사는 현금 흐름 모니터링, 감독, 소유권 확인 및 자산 보관과 같은 서비스를 제공합니다. SEI는 아일랜드에서 25년 동안 수탁 서비스를 제공해 왔으며, 자산 운용 기준으로는 최대의 비은행 수탁자입니다.
SEI는 최근 1.5조 달러의 대체 자산을 관리하며, 오크스(PA), 런던, 더블린 및 룩셈부르크에 운영 센터를 두고 있습니다.
SEI (NASDAQ: SEIC) a annoncé le lancement de services de dépositaire pour les fonds d'investissement alternatifs (AIF) au Luxembourg. Les actifs de dépositaire de l'entreprise ont connu une croissance significative, passant de 17 milliards de dollars en 2018 à 100 milliards de dollars en 2024, servant actuellement plus de 430 fonds. SEI occupe des positions de leader en tant que plus grand administrateur de fonds pour les fonds de marché privé gérés aux États-Unis au Luxembourg et comme le plus grand administrateur de fonds de crédit privé au monde en termes d'actifs.
Les nouveaux services de dépositaire au Luxembourg viendront compléter les offres existantes de SEI, y compris l'administration des fonds, le registre et l'agent de transfert, ainsi que les services de reporting réglementaire. L'entreprise propose des services tels que le suivi des flux de trésorerie, la supervision, la vérification de la propriété et la garde des actifs. SEI fournit des services de dépositaire en Irlande depuis 25 ans, où elle est le plus grand dépositaire non bancaire en termes d'AUM.
SEI a récemment dépassé 1,5 trillion de dollars d'actifs alternatifs sous administration et dispose de centres opérationnels à Oaks, PA, Londres, Dublin et Luxembourg.
SEI (NASDAQ: SEIC) hat den Start von Depotdiensten für alternative Investmentfonds (AIF) in Luxemburg angekündigt. Die Depotvermögen des Unternehmens sind von 17 Milliarden Dollar im Jahr 2018 auf 100 Milliarden Dollar im Jahr 2024 erheblich gestiegen und bedienen derzeit über 430 Fonds. SEI nimmt als größter Fondsadministrator für in den USA verwaltete Private-Market-Fonds in Luxemburg sowie als größter globaler Administrator für Private-Credit-Fonds nach Vermögen eine führende Position ein.
Die neuen Depotdienste in Luxemburg werden das bestehende Angebot von SEI ergänzen, zu dem auch die Fondsverwaltung, das Register und der Transferagent sowie die regulatorischen Berichtsdienste gehören. Das Unternehmen bietet Dienstleistungen wie Cashflow-Überwachung, Aufsicht, Eigentumsüberprüfung und Verwahrung von Vermögenswerten an. SEI bietet seit 25 Jahren Depotdienste in Irland an, wo es der größte nicht-bankliche Depotanbieter nach AUM ist.
SEI hat kürzlich 1,5 Billionen Dollar an alternativen Vermögenswerten unter Verwaltung überschritten und hat Betriebsstandorte in Oaks, PA, London, Dublin und Luxemburg.
- Significant growth in depositary assets from $17B (2018) to $100B (2024)
- Market leadership position as largest private credit fund administrator globally
- Reached $1.5 trillion in alternative assets under administration
- Geographic expansion strengthening global operational footprint
- Leading position as largest non-bank depositary in Ireland by AUM
- None.
Insights
SEI's strategic expansion into Luxembourg's depositary services market represents a calculated move to capitalize on the explosive growth in alternative investments. The company's <money>$100 billion</money> in depositary assets, up from <money>$17 billion</money> in 2018, demonstrates remarkable <percent>488%</percent> growth in this segment. Their position as the largest private credit fund administrator globally and dominant presence in Luxembourg for U.S.-managed private market funds creates a powerful competitive moat.
The timing is particularly strategic given Luxembourg's status as the second-largest fund center globally and the broader trend of private markets outperforming public markets. By offering a comprehensive one-stop solution that includes fund administration, transfer agency and regulatory reporting, SEI is positioning itself to capture a larger share of the growing alternative investments market while reducing operational friction for asset managers.
The expansion into Luxembourg's depositary services creates multiple revenue synergies for SEI. The company's established presence in Ireland, where it stands as the largest non-bank depositary, provides a proven operational blueprint for success in Luxembourg. This move significantly enhances SEI's value proposition in Europe's two major fund domiciles.
The alternative investments sector has shown remarkable resilience and growth, with SEI recently surpassing <money>$1.5 trillion</money> in alternative assets under administration. The ability to service non-EU managers targeting European investors through the Depo Lite Regime opens up additional market opportunities, particularly as global asset managers seek to diversify their investor base across jurisdictions.
Launch Strengthens Comprehensive Global Offering and Operational Footprint
Over the last two decades, private markets have consistently outperformed corresponding public markets indexes.5 However, as the demand for these investments continues to grow, asset managers are managing a complex ecosystem of providers to support their operational footprint. The launch of these services in Luxembourg will complement SEI's offering that includes fund administration, registrar and transfer agent, and regulatory reporting services—providing asset managers with a single point of contact for their technology and operations requirements.
Bryan Astheimer, Head of SEI's Investment Managers business, EMEA, added:
"The demand for alternatives and European private markets continues to grow, and investment managers of all sizes are looking to expand their investor base and introduce new sources of capital, and this launch further underscores our growth and commitment in Luxembourg. Our strategic focus on scaling our global operational footprint supports our clients to efficiently launch funds—while meeting compliance requirements in different domiciles.
"The addition of our depositary services not only enhances our comprehensive offering across
SEI has delivered depositary services in
Depositary services in Luxembourg will further support funds that primarily invest in private assets. Alternative investment fund managers can access the company's depositary services as part of a suite of fund administration services or on a standalone basis. Services include:
- Cash flow monitoring
- Oversight
- Ownership verification
- Safekeeping of assets
SEI can also provide depositary services to non-European Union managers looking to market non-EU funds to European Union investors under the Depo Lite Regime.7
With operational centers in
1 Association of the Luxembourg Fund Industry, "Luxembourg: The Global Fund Centre," 2021.
2 Data as of March 31, 2024.
3 Preqin data based on AUA as of Sept. 3, 2024.
4 Preqin as of Jan. 31, 2024.
5 McKinsey & Company, "Private Markets Turn Down the Volume," McKinsey Global Private Markets Review, 2023.
6 Monterey Insight, "Ireland Fund Report," 2023.
7 Services can be delivered in
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 Sept. 30, 2024, SEI manages, advises, or administers approximately
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. The company's 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.
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SOURCE SEI Investments Company
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