SEI announced the launch of its alternative investment product marketplace, SEI Access, designed to provide wealth managers and financial advisors with enhanced access to private markets. StepStone Group is among the fund managers included in this new platform.
SEI Access aims to address challenges in alternative investment access, such as disclosures, fee structures, and manual processes, by offering a digital, end-to-end investment experience. This platform supports over 250 wealth management firms and 165 fund managers, facilitating access to approximately 300 alternative investment funds.
As of December 31, 2024, SEI Access had processed approximately $4.9 billion in alternatives transactions. StepStone's participation in this marketplace is expected to broaden its distribution network and streamline the investor journey for its alternative investment products.
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