SEI Bolsters Global Leadership with Key Appointments in Luxembourg

Rhea-AI Summary

SEI (NASDAQ:SEIC) announced three key leadership appointments in Luxembourg as part of its strategic global expansion. The company currently ranks seventh among 129 fund administrators in Luxembourg for assets under administration (AUA) and holds the position of largest private credit fund administrator globally.

The new appointments include Claire Matteucci as Head of Depositary, Manuel Martin de Rosales as Conducting Officer responsible for compliance and risk, and Laurent Scherer as Business Development Director. All three executives bring approximately two decades of industry experience each and will report to Ian MacWilliams, Managing Director of SEI's Luxembourg office.

SEI maintains operational centers in Oaks, PA, London, Dublin, and Luxembourg, providing an integrated operational platform. The company recently surpassed $1.5 trillion in alternative AUA in its Investment Managers business and has opened new office space in Dublin to support its global growth initiatives.

Positive

• Ranks 7th out of 129 fund administrators in Luxembourg for AUA
• Largest private credit fund administrator globally
• Largest fund administrator for U.S.-managed private market funds in Luxembourg
• Surpassed $1.5 trillion in alternative AUA

Negative

• None.

Leaders to Support Strategic Growth Across Global Operations

OAKS, Pa. and LUXEMBOURG, Jan. 14, 2025 /PRNewswire/ -- SEI^® (NASDAQ:SEIC) today announced the appointment of three key leaders in Luxembourg as part of the company's strategic focus on scaling its global operations and expertise to drive growth. In Luxembourg, SEI ranks seven out of 129 fund administrators for assets under administration (AUA).¹ SEI is also the largest private credit fund administrator by assets globally² and the largest fund administrator for private market funds in Luxembourg that are managed by a U.S. firm.³

Reporting to Ian MacWilliams, Managing Director of SEI's Luxembourg office:

• Claire Matteucci serves as Head of Depositary, overseeing depositary services, which SEI recently launched in Luxembourg. With nearly 20 years of industry experience, Matteucci most recently was Head of Depositary for Standish Management Luxembourg, and she's held various roles at PwC Luxembourg, including as an external auditor for Undertakings for the Collective Investment in Transferable Securities (UCITS) and alternative investment funds, as well as in risk management.
  
  
• Bringing two decades of experience, Manuel Martin de Rosales is Conducting Officer, responsible for compliance and risk. Prior to joining SEI, de Rosales served as Head of Compliance at Brookfield Asset Management and Oaktree Capital Management, where he supported product development and strategy for credit, private equity, real estate, infrastructure, and UCITS offerings. He also previously held roles in depositary, audit, and compliance at BNY Mellon and Brown Brothers Harriman.
  
  
• Laurent Scherer serves as Business Development Director, bringing expertise in asset services, business development, and client services after nearly 20 years in the industry. Responsible for client engagement and service development at SEI, he most recently served as Business Development Director at Gen II Fund Services. During his career, he has held leadership positions across fund administration, depositary, ManCo, and alternative investment fund management functions at BNP Paribas and Apex Group Luxembourg.

Commenting on the appointments, MacWilliams said:

"Luxembourg is a premier hub for global fund management, offering a diverse range of funds and a highly skilled workforce. Our European Operations team are conveniently located in Luxembourg, Dublin, and the U.K., so our clients benefit from a dedicated team who are embedded into their cultures and products. We are thrilled to welcome Claire, Manuel, and Laurent to SEI and expand our team of world-class talent. The depth and breadth of their expertise will enhance our client service and solution delivery for firms domiciling funds in Europe."

With operational centers in Oaks, PA, London, Dublin, and Luxembourg, SEI delivers a cohesive, integrated operational platform and client service model that provide clients with transparency into their data and day-to-day fund operations. In addition to surpassing $1.5 trillion in alternative AUA in its Investment Managers business, SEI recently opened new office space in Dublin to support its global growth.

¹ Preqin as of Sept. 3, 2024.
² Preqin as of Jan. 31, 2024.
³ Preqin data based on AUA as of Sept. 3, 2024.

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 $1.6 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. 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.

Company Contact:		Media Contact:
Emily Baldwin		Amelia Graham
SEI		Vested
+1 610-676-3262		+44 (0)7393 477 057
ebaldwin@seic.com		amelia@fullyvested.com

 

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SOURCE SEI Investments Company

FAQ

What are SEI's (SEIC) recent key appointments in Luxembourg?

SEI appointed Claire Matteucci as Head of Depositary, Manuel Martin de Rosales as Conducting Officer for compliance and risk, and Laurent Scherer as Business Development Director in Luxembourg.

What is SEI's (SEIC) current ranking among fund administrators in Luxembourg?

SEI ranks seventh out of 129 fund administrators in Luxembourg for assets under administration (AUA).

How much alternative AUA does SEI (SEIC) currently manage?

SEI has surpassed $1.5 trillion in alternative assets under administration (AUA) in its Investment Managers business.

Where are SEI's (SEIC) operational centers located?

SEI maintains operational centers in Oaks, PA, London, Dublin, and Luxembourg.

What is SEI's (SEIC) market position in private credit fund administration?

SEI is the largest private credit fund administrator by assets globally.