SEI Extends Outsourcing Relationship With Edgewood Management

SEI Extends Outsourcing Relationship With Edgewood Management 
Contract Renewal Reaffirms SEI's Comprehensive Operational Platform
for Edgewood's Investment Products 
OAKS, PA -- (Marketwired) -- 05/01/13 --   SEI (NASDAQ: SEIC) today
announced that it has extended its relationship, which began in 2006,
with Edgewood Management LLC to provide the firm with a complete
investment operations outsourcing solution encompassing all of
Edgewood's investment products, including institutional, private
client, and retail separate accounts. Additionally, SEI is providing
a full suite of fund services including distribution for Edgewood's
large cap mutual fund through Advisors' Inner Circle Fund, SEI's
turnkey mutual fund series trust solution. The Advisors' Inner Circle
Fund provides investment managers an independent and well-established
board of trustees, a complete compliance program, quicker access to
mutual fund platforms across all key distribution channels, and lower
operating costs.  
"SEI has been a true business partner over the years, supporting us
and working diligently to help us find efficiencies, increase
automation, and gain insights into both our business activity and the
investment management industry at large," said Alan Breed, President
of Edgewood Management LLC. "SEI's experience, technology, and level
of services give us the confidence to focus our attention on our
business, not on day-to-day operations. We're proud to say our
business has grown over the last several years, and we look forward
to continuing our success for years to come with SEI as our
outsourcing partner."  
SEI's technology solution provides an integrated and scalable
operating environment for Edgewood. The firm has seen significant
growth during its relationship with SEI and has more than doubled
assets under management in its large cap mutual fund since 2009.
Edgewood benefits from SEI's separate accounts platform that
interfaces with over 100 custodians and its proprietary workflow
technology and document management system, which helps automate
tasks, increase standardization, and improve transparency.  
"As Edgewood grows, SEI's scalable technology and solutions have
helped the firm accommodate advancements in the industry as well as
additions to the business," said Steve Meyer, Executive Vice
President and Head of SEI's Investment Manager Services division. "At
SEI, we evaluate ourselves by the success of our clients, and we are
extremely proud to be a part of what Edgewood has achieved. We look
forward to supporting the firm's continued growth far into the
About SEI's Investment Manager Services Division 
 SEI's Investment
Manager Services division provides comprehensive operational
outsourcing solutions to support investment managers globally across
a range of registered and unregistered fund structures, diverse
investment strategies and jurisdictions. With expertise covering
traditional and alternative investment vehicles, the division applies
customized operating services, industry-leading technologies, and
practical business and regulatory insights to each client's business
objectives. SEI's resources enable clients to meet the demands of the
marketplace and sharpen business strategies by focusing on their core
competencies. The division has been recently recognized by Buy-Side
Technology as "Best Outsourcing Provider to the Buy Side" and "Best
Fund Administrator," by Hedge Funds World Middle East as "Best
Service Provider," by Global Investor as "Hedge Fund Administrator of
the Year," and by HFMWeek as "Most Innovative Fund Administrator
(Over $30B AUA)" in the U.S. and "Best Administrator - Technology
Provider" in Europe. For more information, visit  
About SEI 
 SEI (NASDAQ: SEIC) is a leading global provider of
investment processing, fund processing, and investment management
business outsourcing solutions that help corporations, financial
institutions, financial advisors, and ultra-high-net-worth families
create and manage wealth. As of March 31, 2013, through its
subsidiaries and partnerships in which the company has a significant
interest, SEI manages or administers $495 billion in mutual fund and
pooled or separately managed assets, including $206 billion in assets
under management and $289 billion in client assets under
administration. For more information, visit 
About Edgewood Management LLC
 Edgewood Management LLC was founded in
1974 and is an SEC Registered Investment Advisor. Independently and
wholly owned by its employees, Edgewood Management LLC was originally
formed as a family office providing portfolio management services to
family groups and substantial net worth individuals. An institutional
clientele desiring the portfolio management services of the firm has
evolved over the last decade. Located in New York City, the firm
manages approximately $7.5 billion in a fully-invested large cap
growth strategy. 
Company Contact: 
Dana Grosser 
+1 610-676-2459  
Media Contact:
Jason Rocker
Braithwaite Communications
+1 215-564-3200 x 110 
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