SEI Adds $2.8 Billion in New Institutional Assets in First Quarter of 2012

SEI SEIC today announced strong global institutional sales for the first quarter of 2012, resulting in seven new clients and $2.8 billion in new assets under management. Since the start of 2011, SEI has added more than 40 new institutional clients and over $7.5 billion in new global assets under management. This new business validates an increasing global interest in fiduciary management services among institutional investors. Among SEI's new institutional clients are Pirelli North America Inc., New Covenant Funds, The Miami Foundation, Direct Relief International, Chemtura Corporation, and Albion Automotive (U.K.).