DUBAI, United Arab Emirates - SEI to provide fund outsourcing services for new Middle Eastern property fund

SEI (Nasdaq: SEIC) today announced that it will be expanding its outsourcing services for Geni Capital LLP (”Geni”) to support Geni’s partnership with AREIT Management Limited and the newly launched Geni GCC Commercial Real Estate Opportunities Fund.

The Fund will target investments across the Gulf Cooperation Council (”GCC”) States. Under the terms of the agreement, SEI will provide administration, accounting and investor servicing to the Fund. The choice by Geni to expand their partnership with SEI is driven by SEI’s expanding reputation and presence in the region, as well as its ability to create a tailored and innovative solution to handle Geni’s expanding needs.

“SEI’s knowledge and scalability within the Middle East were key differentiating factors,” said Nick Goodson, Partner, Geni Capital. “As we looked to establish this new fund, we needed someone who could help us set up quickly, cost effectively, and offer a truly integrated operating environment. Throughout our relationship with SEI, we have found their internal processes, people, and technology solutions, together with their ability to provide customised solutions for our product offerings to be first class. We recognise these attributes are invaluable to our organisation and investors as we continue to grow.”

John Alshefski, Senior Vice President and Managing Director for SEI’s Investment Manager Services division commented, “The Middle East has a growing importance for SEI and we are focused on supporting our clients’ changing and increasing needs in the region. As fund managers look to expand globally, SEI is able to service their multiple investment products worldwide and as such are delighted to be working with Geni and AREIT and supporting them with this important expansion for their businesses in the Middle East.”

About Geni Capital LLP

Established by experienced investment industry professionals, Geni specialises in structuring bespoke investment products for Institutional, Family Office and High Net Worth investors. It has a diverse range of products in development and a number of investment funds under management as well as regular private equity placement activities. Geni is authorised and regulated by the UK Financial Services Authority.

About SEI’s Investment Manager Services Division

SEI’s Investment Manager Services division provides total operations outsourcing solutions to global investment managers focused on mutual funds, hedge and private equity funds, exchange traded funds, collective trusts, separately managed accounts and institutional and private client services. 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.

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 December 31, 2008, through its subsidiaries and partnerships in which the company has a significant interest, SEI administers US$380 billion in mutual fund and pooled assets and manages US$134 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 www.seic.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 authorized 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

Company Contact, Dana Grosser of SEI, +1-610-676-2459, dgrosser at seic.com, or Media Contact, Sue Mathews, suem at penrose.co.uk, or Katy Hall, katyh at penrose.co.uk, of Penrose Financial for SEI, +44-0207-786-4888