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H.I.G. Capital Selects SEI for Fund Administration and Depositary Services

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SEI (NASDAQ:SEIC) was selected by H.I.G. Capital to provide fund administration and depositary services for certain Luxembourg- and Cayman-domiciled private equity and infrastructure assets, announced on October 8, 2025. H.I.G. manages $70 billion of capital and invests across multiple private markets strategies. SEI said its platform will automate workflows, reduce data replication, and improve transparency, leveraging local teams in Oaks, London, Dublin, and Luxembourg. SEI reported surpassing $1.5 trillion in alternative AUA in 2024 and ranks 6th of 164 in Luxembourg (Preqin, 21 Jul 2025).

SEI (NASDAQ:SEIC) è stata scelta da H.I.G. Capital per fornire servizi di amministrazione dei fondi e depositary per determinati asset di private equity e infrastruttura domiciliati in Lussemburgo e Cayman, annunciato il 8 ottobre 2025. H.I.G. gestisce 70 miliardi di dollari di capitale e investe in diverse strategie di mercati privati. SEI ha detto che la propria piattaforma automatizzerà i flussi di lavoro, ridurrà la duplicazione dei dati e migliorerà la trasparenza, avvalendosi dei team locali a Oaks, Londra, Dublino e Lussemburgo. SEI ha riportato di aver superato 1,5 trilioni di dollari in AUA alternativa nel 2024 e si classifica 6° su 164 in Lussemburgo (Preqin, 21 lug 2025).

SEI (NASDAQ:SEIC) fue seleccionada por H.I.G. Capital para proporcionar servicios de administración de fondos y depositaria para ciertos activos de private equity e infraestructura domiciliados en Luxemburgo y las Islas Cayman, anunciados el 8 de octubre de 2025. H.I.G. gestiona 70 mil millones de dólares de capital e invierte en varias estrategias de mercados privados. SEI afirmó que su plataforma automatizará flujos de trabajo, reducirá la replicación de datos y mejorará la transparencia, aprovechando los equipos locales en Oaks, Londres, Dublín y Luxemburgo. SEI reportó superar 1,5 billones de dólares en AUA alternativa en 2024 y se ubica en 6.º de 164 en Luxemburgo (Preqin, 21 jul 2025).

SEI (NASDAQ:SEIC)H.I.G. Capital가 루셀림부르크(룩셈부르크)와 케이맨 제도에 본사를 둔 특정 사모펀드 및 인프라 자산에 대한 펀드 관리 및 예치 서비스 제공을 위해 선정했다고 2025년 10월 8일에 발표했습니다. H.I.G.는 자본 700억 달러를 관리하며 여러 사모시장 전략에 걸쳐 투자합니다. SEI는 플랫폼이 워크플로우를 자동화하고 데이터 복제를 줄이며 런던, 더블린, 룩셈부르크의 현지 팀을 활용해 투명성을 높일 것이라고 밝혔습니다. SEI는 2024년 대체 AUA가 1.5조 달러를 넘었다고 보고했으며 룩셈부르크에서 164개 중 6위에 랭크된다고 (Preqin, 2025년 7월 21일).

SEI (NASDAQ:SEIC) a été sélectionnée par H.I.G. Capital pour fournir des services d’administration de fonds et de dépositaire pour certains actifs de private equity et d’infrastructure domiciliés au Luxembourg et dans les îles Caïmans, annoncés le 8 octobre 2025. H.I.G. gère 70 milliards de dollars de capital et investit dans plusieurs stratégies de marchés privés. SEI a déclaré que sa plateforme automatiserait les flux de travail, réduirait la réplication des données et améliorerait la transparence, en tirant parti des équipes locales à Oaks, à Londres, à Dublin et au Luxembourg. SEI a déclaré avoir dépassé 1,5 trillion de dollars en AUA alternative en 2024 et se classe 6e sur 164 au Luxembourg (Preqin, 21 juil. 2025).

SEI (NASDAQ:SEIC) wurde von H.I.G. Capital ausgewählt, um Dienstleistungen der Fondsverwaltung und Verwahrstelle für bestimmte in Luxemburg und auf den Cayman-Inseln ansässige Private-Equity- und Infrastruktur-Assets bereitzustellen, wie am 8. Oktober 2025 angekündigt. H.I.G. verwaltet 70 Milliarden Dollar Kapital und investiert in verschiedene Private-Market-Strategien. SEI sagte, seine Plattform werde Arbeitsabläufe automatisieren, Datenreplikation reduzieren und Transparenz verbessern, wobei lokale Teams in Oaks, London, Dublin und Luxemburg zum Einsatz kommen. SEI berichtete, 2024 1,5 Billionen Dollar an alternativer AUA überschritten zu haben, und rangiert 6. von 164 in Luxemburg (Preqin, 21. Juli 2025).

SEI (NASDAQ:SEIC) تم اختيارها من قبل H.I.G. Capital لتقديم خدمات إدارة الصناديق والوديعة لعدد من أصول الأسهم الخاصة والبنية التحتية المقيمة في لوكسمبورغ وجزر كايمان، وفقاً لما أُعلن في 8 أكتوبر 2025. تدير H.I.G. 70 مليار دولار من رأس المال وتستثمر عبر استراتيجيات أسواق خاصة متعددة. قالت SEI إن منصتها ستتمم سير العمل، وتقلل من تكرار البيانات، وتحسين الشفافية، مع الاستفادة من الفرق المحلية في أوكس، لندن، دبلن ولوكسمبورغ. ذكرت SEI أن تجاوزت 1.5 تريليون دولار في AUA البديلة في 2024 وتحتل المرتبة السادسة من 164 في لوكسمبورغ (Preqin، 21 يوليو 2025).

SEI (NASDAQ:SEIC) 已被 H.I.G. Capital 选择,为在卢森堡和开曼群岛注册的特定私募股权和基础设施资产提供基金管理和托管服务,公告日期为2025年10月8日。H.I.G. 管理着700亿美元的资本,并在多种私募市场策略中进行投资。SEI 表示其平台将实现工作流程自动化、减少数据复制并提升透明度,同时利用奥克斯、伦敦、都柏林和卢森堡的本地团队。SEI 报告称其2024年另类AUA超过1.5万亿美元,并在卢森堡的164家中排名第 第6位(Preqin,2025年7月21日)。

Positive
  • Selected to service H.I.G. private equity and infrastructure assets
  • H.I.G. manages $70 billion in capital under management
  • SEI reported $1.5 trillion alternative AUA in 2024
  • Ranked 6th of 164 fund administrators in Luxembourg (Preqin)
  • Operational centers in Oaks, London, Dublin, Luxembourg
Negative
  • None.

Insights

SEI won a material fund administration and depositary mandate from H.I.G., signalling client-scale private markets capability.

SEI was selected by H.I.G. Capital, a firm with $70 billion of capital under management, to provide fund administration and depositary services for Luxembourg and Cayman-domiciled private equity and infrastructure assets. The agreement highlights SEI's cross‑jurisdictional operations (Oaks, London, Dublin, Luxembourg) and its reported scale in alternatives, including surpassing $1.5 trillion in alternative AUA in 2024 and a Luxembourg ranking of sixth by AUA.

The business mechanism is straightforward: SEI replaces or supplements in‑house/workflow processes to automate workflows, reduce manual entry and data replication, and provide consolidated data transparency. These are operational levers that directly lower processing duplication and improve reporting quality for a multi‑jurisdiction private markets program.

Key dependencies and risks derive from execution of the integration and ongoing service delivery; the release notes an onsite team that "alleviat[ed] the conversion pressures," which is a positive operational signal. Monitor the quality of the conversion, ongoing reconciliation accuracy, and the degree to which SEI delivers the promised single‑provider data consolidation for Luxembourg and Cayman vehicles.

Concrete items to watch: successful completion and stability of the conversion process referenced on Oct. 8, 2025, metrics on reduced replication or manual interventions (if disclosed by either party), and any expansion of the mandate across additional domiciles or strategies in the next 12–24 months. These items will indicate whether the contract drives the intended efficiency and scale benefits.

Global Strategic Partnership to Enable Operational Efficiency, Reduce Replication

LUXEMBOURG and DUBLIN, Oct. 8, 2025 /PRNewswire/ -- SEI® (NASDAQ:SEIC) today announced that the company was selected by H.I.G. Capital (H.I.G.), a leading global alternative investments firm with $70 billion of capital under management, to provide fund administration and depositary services for certain Luxembourg and Cayman Island-domiciled private equity and infrastructure assets.

H.I.G. provides equity and debt capital to middle-market companies and has managed more than 400 companies worldwide. The firm's fund strategies include private equity, growth equity, real estate, direct lending, infrastructure, special situations debt, and growth-stage healthcare. SEI's infrastructure will enable seamless integration with H.I.G.'s existing platforms to automate workflows, reduce manual data entry, eliminate duplication, and enhance data transparency.

Commenting on the strategic partnership, Brendan Dolan, European Chief Financial Officer at H.I.G., said:

"SEI's global scale, broad operational and technology capabilities, expertise in fund administration and private markets, and local service all provide a significant competitive edge, and make them the ideal partner to support our strategic business goals. We're delighted to work with SEI to ensure greater operational efficiency and streamlined data management as we grow and continue to serve our limited partners."

Bryan Astheimer, Head of SEI's Investment Managers business for EMEA, added:

"Many firms are seeking a strategic partner with global private markets expertise and capabilities that help eliminate in-house data replication and improve efficiency. We're excited to partner with H.I.G., a firm that shares our commitment to delivering solutions that add strategic and operational value for clients.

"The seamless integration of H.I.G.'s infrastructure with SEI's platform was executed through our onsite team of experts, helping to alleviate the conversion pressures. SEI's solution provides full data visibility and transparency to help streamline workflows and enable long-term business scale. Through our local operational teams, decades of deep expertise in the private markets space, and experience servicing across major domiciles, we provide firms with quality, customised solutions that help them grow and better serve their clients."

According to SEI research, 58% of private market asset managers would prefer to work with a single fund administrator instead of multiple providers, and nearly two-thirds said the ability to reduce replication through improved data quality impacts their choice of provider.

SEI is ranked sixth out of 164 fund administrators in Luxembourg based on alternative assets under administration (AUA)1. With operational centers in Oaks, PA, London, Dublin, and Luxembourg, SEI delivers a cohesive, integrated operational platform and client service model that provides clients with transparency into their data and day-to-day fund operations. The company partners with 45 of the top 100 asset managers worldwide* and in 2024 surpassed $1.5 trillion in alternative assets under administration in its Investment Managers business.

1Preqin as of 21 July 2025.
*Based on Pensions & Investments' "Largest Money Managers" 2024 ranking.

About SEI®
SEI (NASDAQ:SEIC) is a leading global provider of financial technology, operations, and asset management services within the financial services industry. SEI tailors its solutions and services to help clients more effectively deploy their capital—whether that's money, time, or talent—so they can better serve their clients and achieve their growth objectives. As of June 30, 2025, SEI manages, advises, or administers approximately $1.7 trillion in assets. For more information, visit seic.com.

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. For more information, visit seic.com/ims.

Company Contact:

Media Contact:

Alicia Rudd

Eric Hazard

SEI

Vested

+1 610-676-3887

+1 214-734-8203

arudd@seic.com

eric@fullyvested.com

Cision View original content:https://www.prnewswire.com/news-releases/hig-capital-selects-sei-for-fund-administration-and-depositary-services-302578047.html

SOURCE SEI Investments Company

FAQ

What services will SEI provide to H.I.G. Capital under the October 8, 2025 agreement?

SEI will provide fund administration and depositary services for certain Luxembourg- and Cayman-domiciled private equity and infrastructure assets.

How much capital does H.I.G. Capital manage under the SEIC announcement?

H.I.G. is reported to manage $70 billion of capital under management.

How does the SEI–H.I.G. deal affect SEI's alternative assets under administration metric?

SEI reported surpassing $1.5 trillion in alternative AUA in 2024; the announcement notes the new mandate expands SEI's private markets footprint.

Where are SEI's operational centers that will support the H.I.G. conversion?

SEI cites operational centers in Oaks, PA; London; Dublin; and Luxembourg to support onboarding and operations.

What ranking does SEI hold in Luxembourg fund administration as of July 21, 2025?

SEI is ranked 6th out of 164 fund administrators in Luxembourg per Preqin as of July 21, 2025.

What operational benefits did SEI say the partnership provides to H.I.G. Capital?

SEI cited reduced manual data entry, elimination of data duplication, automated workflows, and improved data transparency.
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