Acquiring Company
SEI
Acquired Company
Altigo
RichmondFinancial ServicesSoftwareFinanceAngel InvestmentFinancial ServicesDescription
SEI® (NASDAQ:SEIC) today announced the acquisition of Altigo, a cloud-based technology platform that provides inventory, e-subscription, and reporting capabilities for alternative investments. With 35% of investors aged 25 to 44 years indicating an increased demand for alts1 and global alternative assets expected to hit $23 trillion by 20272, fund sponsors are seeking efficient access to private clients, and SEI believes those investors want access to a variety of high-quality alternative investment products. While not a material capital transaction, SEI expects the acquisition of Altigo to drive growth and expand its strategic opportunity in the alternatives space.
Quick answer
SEI is acquiring Altigo, announced December 21, 2023.
- How much did SEI pay for Altigo?
- The deal value was not disclosed.
- What does SEI do?
- SEI (NASDAQ: SEIC) is a leading global provider of financial technology, operations, and asset management services within the financial services industry.
- Where are SEI and Altigo based?
- Altigo is based in Richmond, California, United States.
- Who are the decision-makers at SEI?
- Fundz holds 5 contacts at SEI. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at SEI, and when
When SEI changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day SEI raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at SEI, from your own LinkedIn network
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Frequently asked
Who acquired Altigo?
Altigo was acquired by SEI. The deal was reported on December 21, 2023. SEI (NASDAQ: SEIC) is a leading global provider of financial technology, operations, and asset management services within the financial services industry. SEI is privately held and operates in Financial Services.
When did SEI acquire Altigo?
SEI's acquisition of Altigo was reported on December 21, 2023. SEI® (NASDAQ:SEIC) today announced the acquisition of Altigo, a cloud-based technology platform that provides inventory, e-subscription, and reporting capabilities for alternative investments. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Altigo do?
The SEI Altigo® Platform is a leading open-network alts subscription technology built to enable secure electronic alternative investment transactions between asset managers, wealth advisors, custodians, and transfer agents. It is privately held, operating in Financial Services, and is based in Richmond.
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