{"id":858969,"date":"2025-06-10T08:51:04","date_gmt":"2025-06-10T12:51:04","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/sei-research-finds-43-percent-of-private-markets-staff-consumed-by-fund-admin-replication\/"},"modified":"2025-06-10T08:51:04","modified_gmt":"2025-06-10T12:51:04","slug":"sei-research-finds-43-percent-of-private-markets-staff-consumed-by-fund-admin-replication","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/sei-research-finds-43-percent-of-private-markets-staff-consumed-by-fund-admin-replication\/","title":{"rendered":"SEI Research Finds 43 Percent of Private Markets Staff Consumed by Fund Admin Replication"},"content":{"rendered":"
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PR Newswire<\/p>\n<\/p><\/div>\n

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\n High Replication, Multi-Administrator Model Contributes to Increased Costs and Inefficiencies<\/i>\n <\/p>\n

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\n OAKS, Pa.<\/span> and LONDON<\/span><\/span>, June 10, 2025<\/span><\/span> \/PRNewswire\/ —\u00a0SEI<\/a>\u00ae<\/sup> (NASDAQ: SEIC) today unveiled research that found private market asset managers identify data replication and fragmentation from multiple fund administrators as a challenge, causing operational inefficiencies, resource drain, and increased costs. Conducted in partnership with Cutter Associates, the survey examined the private market fund administration landscape and the current and target state replication model through feedback from U.S.- and U.K.-based managers.<\/p>\n

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\n Phil McCabe<\/span>, Head of\u00a0SEI’s Investment Managers business, commented on the industry landscape:<\/b>\n <\/p>\n

“Global private markets assets under management have grown nearly 20% annually since 20181<\/sup>. As firms scale to meet demand, they can find themselves working with multiple fund administrators\u2014whether that’s driven by regulatory pressures, cross-border operations, or M&A activity over time. Managing data replication in house through technology and staffing can be a drain on resources, but a modern fund administrator can serve as a primary strategic partner in managing multiple asset classes and domiciles, while consolidating data.”<\/p>\n

\n KEY HIGHLIGHTS<\/b>\n <\/p>\n