SEI, a provider of outsourced asset management, investment processing and investment operations solutions, has been selected by Graham Capital Management (Graham), an investment manager within the alternative investment industry, to provide operations outsourcing services for the firm’s multi-billion dollar, multi-strategy hedge fund range, which includes hedge funds, managed accounts and proprietary vehicles.
SEI says it was selected for its expertise in servicing large clients, its robust technology platform, as well as its ability to create a daily hedge fund servicing environment. SEI will provide a complete operational outsourcing model including fund accounting, administration, reporting and shareholder services tailored to the needs of Graham’s investors.
“When we made the decision to move to a daily reporting environment, SEI was the right partner for us,” says Paul Sedlack, CEO, Graham. “They have the processes and systems that will allow us to report information to our shareholders on a daily basis and ultimately enhance the overall shareholder experience. We look forward to partnering with them as our business continues to grow,” he explains.
“With more institutional dollars and more demanding investors in the space, many larger hedge funds are requiring a daily reporting model,” comments Steve Meyer, executive vice president and head, investment manager services division, SEI. “In today’s competitive landscape, daily reporting can be an advantage and we have the technology and the processes to operate in that environment. We are looking forward to the opportunity to help Graham raise the bar for their shareholder service,” adds Meyer.