SEI Adds $1.3 Billion in Healthcare Assets Under Management

HealthcareConnect 360(TM) Solution Provides Asset Integration, Balance Sheet Protection

OAKS, Pa., June 20 /PRNewswire-FirstCall/ -- SEI (Nasdaq: SEIC) today announced that it has added over $1.3 billion in new healthcare institutional assets under management and 12 new healthcare clients over the past 18 months including AtlantiCare Health System, Cooper University Hospital and St. Elizabeth Medical Center. Overall, SEI has 45 healthcare institutional clients with over $7 billion in healthcare assets under management. The new business has been fueled in part by SEI's HealthcareConnect 360(TM), an investment management solution designed to create customized asset allocations that provide healthcare organizations with improved balance sheet protection and overall financial risk management.

"As healthcare organizations continue to grow, investment decisions around retirement plans and additional asset pools have a greater impact on key financial statements," said Paul Klauder, Vice President, SEI's Institutional Group. "In this environment, financial executives must evaluate more complex financial instruments regularly and need to have a better understanding of how each financial decision impacts different aspects of their business. SEI's HealthcareConnect 360(TM) draws on our proven expertise in financial modeling, customized asset allocation and investment management to provide a much needed integrated view and solution for today's health care businesses."

Through a combination of investment expertise, proprietary modeling technology and strategic advice SEI's HealthcareConnect 360(TM) integrates corporate finance goals as key metrics in setting customized asset allocations for all retirement, foundation and additional balance sheet asset pools.

SEI's Manager of Managers process remains at the core of the solution, providing an increased level of diversification and an added layer of fiduciary protection. SEI's proven investment management process generally replaces a traditional investment consultant and incumbent investment managers and allows the investment committees to focus more time on the strategic asset allocation decisions and to delegate the manager selection, oversight and replacement process to a fiduciary partner.

About SEI's Institutional Group

SEI's Institutional Group delivers integrated healthcare, retirement and nonprofit solutions to over 320 U.S. institutional clients and 490 global institutional clients in seven different countries. SEI enables clients to meet financial objectives, reduce business risk, and fulfill their due diligence requirements through strategic advice integrated with Manager of Managers investment solutions for defined benefit plans, defined contribution plans, endowments, foundations and other balance sheet assets. For more information, visit http://www.seic.com/institutions.

About SEI

SEI (Nasdaq: SEIC) 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, 2007, through its subsidiaries and partnerships in which the company has a significant interest, SEI administers $382.4 billion in mutual fund and pooled assets and manages $190.0 billion in assets. SEI serves clients, conducts or is registered to conduct business and/or operations, from more than 20 offices in over a dozen countries. For more information, visit http://www.seic.com.

    Contact:
    Frank Wilkinson, APR                      Jason Rocker
    SEI's Global Institutional Group          Braithwaite Communications
    610-676-1483                              215-564-3200 x 110
    fwilkinson@seic.com                       jrocker@braithwaitepr.com

SOURCE SEI

Released June 20, 2007