DUBAI, United Arab Emirates, May 17, 2010 /PRNewswire/ -- SEI today announced that it has partnered with the Burgiss Group to enhance its private equity platform by providing new levels of transparency and reporting to its private equity fund of funds clients. SEI will utilise Burgiss' technology to deliver detailed financial reporting data of the underlying portfolio company in a convenient online format. The new capabilities meet an ongoing demand for increased transparency and reporting data to fund of funds managers and their investors.

Through the strategic partnership, SEI and its clients gain immediate access to reporting on the underlying private equity funds in the Burgiss Group's database. SEI will integrate Burgiss' proprietary reporting information seamlessly into its own private equity operational platform, providing investors with in-depth reporting data in a single, consolidated online view. Clients are now able to track and assess their investments and exposures to portfolio companies with a level of detail and consistency that was not previously possible.

We continue to look for ways to deliver added value to our clients, said Jim Cass, Vice President, SEI's Investment Manager Services division. This strategic partnership allows us to give fund of funds managers, as well as limited partners, the depth of information they need to run their businesses more effectively and help satisfy their investors' need for added transparency. It also reduces the amount of time our clients need to spend finding and recording this information themselves, allowing them to focus more on their core business. We're pleased to partner with the Burgiss Group to help our clients better serve their investors and grow their businesses.

About SEI's Investment Manager Services Division

SEI's Investment Manager Services division provides comprehensive operational outsourcing solutions to global investment managers focused on mutual funds, hedge and private equity funds, exchange traded funds, collective trusts, and separately managed, as well as institutional and private client, accounts. The division applies operating services, technologies, and business and regulatory knowledge to each client's business objectives. Its resources enable clients to meet the demands of the marketplace and sharpen business strategies by focusing on their core competencies. The division has been recognised by Buy-Side Technology as Best Fund Administrator and by HFMWeek as Best Funds of Hedge Funds Administrator. For more information, visit http://www.seic.com/enME/im/1312.htm.

About SEI

SEI is a leading global provider of outsourced asset management, investment processing and investment operations solutions. The company's innovative solutions help corporations, financial institutions, financial advisors, and affluent families create and manage wealth. As of March 31, 2010, through its subsidiaries and partnerships in which the company has a significant interest, SEI administers US$394 billion in mutual fund and pooled assets and manages US$162 billion in assets. SEI serves clients, conducts or is registered to conduct business and/or operations, from numerous offices worldwide. For more information, visit http://www.seic.com/enME.

About Burgiss

The Burgiss Group, LLC is a privately-held technology and financial services company headquartered in Hoboken, New Jersey. The firm specialises in software-based solutions for investors in private equity and other alternative assets. Its 300+ clients are some of the world's largest investors in alternative assets and include pension funds, endowments, foundations, funds of funds, gatekeepers, consultants and family offices. Burgiss has clients in sixteen countries. For more information, please visit http://www.burgiss.com.

Services provided by SEI Investments - Global Fund Services Limited (Reg. in Dublin No. 424309), SEI Investments Trustee Custodial Services (Ireland) Limited (Reg. in Dublin No. 315393), and their affiliates, which are all wholly owned subsidiaries of SEI Investments Company.

SEI Investments - Global Fund Services Limited and SEI Investments Trustee Custodial Services (Ireland) Limited (Styne House, Upper Hatch Street, Dublin 2, Ireland) are authorised by the Financial Regulator under the Investment Intermediaries Act 1995.

This material is not directed to any persons where (by reason of that person's nationality, residence or otherwise) the publication or availability of this material is prohibited. Persons in respect of whom such prohibitions apply must not rely on this information in any respect whatsoever.

SOURCE: SEI Investments Company

CONTACT: Dana Grosser, SEI, +1-610-676-2459, dgrosser@seic.com; or RoryKing / Katy Hall, Penrose Financial, +44-0207-786-4888,seiims@penrose.co.uk