OAKS, Pa., Dec. 22, 2021 – SEI (NASDAQ:SEIC) today announced its sustaining sponsorship with the Association of Governing Boards of Universities and Colleges (AGB). SEI has been a strategic partner to AGB since 2013.
The two organizations have also partnered to produce a joint study, the results of which will be released on Jan. 31, 2022 at AGB’s Foundation Leadership Forum. The study explores the perspectives of 130 college- and university-affiliated foundation leaders regarding a variety of topics, including foundation operations, investment management, spending policies, fees, and governance.
Frank Wilkinson, Managing Director, North American Marketing for SEI’s Institutional Group, said:
“We’re looking forward to presenting the findings from our joint survey with AGB, which outline the emerging trends in foundation management and offer guidance on ways to employ these insights to help achieve better outcomes for college- and university-affiliated foundations. It is a privilege to continue our work with AGB and actively support the association’s mission of empowering college, university, and foundation boards through leadership and counsel, particularly during a time of significant change in the education landscape.”
Henry Stoever, President and CEO for AGB, said:
“SEI has been a trusted, strategic thought partner to AGB, and we are grateful for their continued partnership. College- and university-affiliated foundations have a pivotal role in the future of higher education, and they need strong sources of leading practices and benchmarking information. We are pleased to work with SEI to help strengthen foundations across the country.”
SEI provides investment management services to 446 institutional investors, including over 180 nonprofit organizations and representing more than $33 billion in assets.* SEI works with 41 higher-education institutions in managing their endowments.*
*As of Sep. 30, 2021
About SEI’s Institutional Group
SEI’s Institutional Group provides institutional investors with outsourced investment management services and custom platforms to support insourced investment staffs. SEI is one of the first and largest global providers of outsourced or OCIO investment management services to the institutional marketplace and recently launched its Enhanced CIO services globally to institutional investors that desire to have internal resources. The company delivers these integrated solutions to approximately 450 clients in 9 countries, as of Sept. 30, 2021. Our solutions are designed to help clients meet financial objectives, reduce business risk and fulfill their due diligence requirements through implemented strategies for the management of defined benefit plans, defined contribution plans, endowments, foundations and board-designated funds. For more information visit: seic.com/institutional-investors.
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 solve problems, manage change and help protect assets—for growth today and in the future. As of Sept. 30, 2021, SEI manages, advises, or administers approximately $1.3 trillion in assets. For more information, visit seic.com.
The Association of Governing Boards of Universities and Colleges (AGB) is the premier membership organization that strengthens higher education governing boards and the strategic roles they serve within their organizations. Through AGB’s vast library of resources, educational events, and consulting services, and with 100 years of experience, 40,000 AGB members from more than 2,000 institutions, systems, and foundations are empowered to navigate complex issues, implement leading practices, streamline operations, and govern with confidence. AGB is the trusted resource for board members, chief executives, and key administrators on higher education governance and leadership. AGB is not affiliated with SEI or its subsidiaries.