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SEI® (NASDAQ:SEIC) today announced the launch of depositary services for Luxembourg alternative investment funds (AIFs), the second-largest fund center in the world.(1) With depositary assets growing from $17 billion in 2018 to $100 billion in 2024,(2) SEI has experienced significant demand for this service and already provides depositary services to more than 430 funds from other fund centers.(2) SEI is the largest fund administrator for private market funds in Luxembourg that are managed by a U.S. firm(3) and the largest private credit fund administrator by assets globally.(4)
Over the last two decades, private markets have consistently outperformed corresponding public markets indexes.(5) However, as the demand for these investments continues to grow, asset managers...
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