SEI Adds Alternatives Specialist

Andrew Daly joined investment management and processing firm SEI as a client investment strategist on the firm’s U.S. institutional advisory team.

Daly will work with clients to provide strategic advice on various investment vehicles tailored to their unique goals and objectives. SEI says Daly’s hiring supports its commitment to bringing advanced alternative investment solutions to retirement plan clients and other institutional investors.

The client investment strategist role is new to the advisory team, SEI explains, and was created to support the expansion of SEI’s alternative investing programs, delivered through its investment outsourcing business. SEI currently has more than 475 institutional outsourcing clients worldwide, representing $74.1 billion in assets under management, the firm says.

Al Pierce, managing director of the advisory team, says his firm is working to deliver optimal portfolio diversification and sophistication with a wide array of products from industry-leading investment managers.

Daly has more than 15 years of investment expertise working with institutional investors on alternative investment strategies. Before joining SEI, he was a managing director and partner with Mill Creek Capital Advisors LLC. In that role, Daly managed the alternative investment program from the firm’s inception, which consisted of hedge funds-of-funds and private equity partnerships. Prior to that role, he held management positions at The Radcliffe Group and Hirtle Callaghan & Co. Daly is a chartered financial analyst (CFA).

More information on the firm is available at