SEI to Leverage Unique Industry Position to Meet Market Demand and
Streamline Investment Process for Alternatives
OAKS, Pa., Dec. 21, 2023 /PRNewswire/ — SEI® (NASDAQ:SEIC) today announced the acquisition of Altigo, a cloud-based technology platform that provides inventory, e-subscription, and reporting capabilities for alternative investments. With 35% of investors aged 25 to 44 years indicating an increased demand for alts1 and global alternative assets expected to hit $23 trillion by 20272, fund sponsors are seeking efficient access to private clients, and SEI believes those investors want access to a variety of high-quality alternative investment products. While not a material capital transaction, SEI expects the acquisition of Altigo to drive growth and expand its strategic opportunity in the alternatives space.