SEI has been selected by Duet Alternative Investments (USA) Ltd, a subsidiary of Duet Group, to provide operational outsourcing services for the firm’s emerging macro hedge funds.
SEI will provide Duet (USA) with a suite of operational outsourcing services in a straight-through-processing environment.
Duet (USA) will use SEI’s online Manager Dashboard reporting platform to help better manage the firm’s funds through flexible, transparent, and aggregated views of its data. The firm will also use SEI’s Investor Dashboard, an investor-focused reporting platform that facilitates greater communication and transparency with end investors.
“We wanted to work with a world-class outsourcer and we immediately thought of SEI,” says David Dali, chief investment officer for Duet Emerging Macro Master Fund. “We knew from previous experience with SEI that they would deliver exceptional service for us and our investors, and we appreciate the true partnership mentality the company displays. We feel confident that SEI’s best-in-class technology, process automation, and flexible approach will give us the scalability we need as we grow. SEI is constantly looking ahead and proactively helping their clients meet evolving regulatory and transparency demands and that’s the type of strategic partner we value.”
“It’s extremely rewarding to see how our past work has led to this new relationship,” says John Alshefski (pictured), senior vice president, SEI’s investment manager services division. “As Duet (USA) launched their hedge fund complex, they needed a strategic partner that had the capability to accommodate the firm’s tremendous potential. SEI has proven that the company’s people and platform give clients the resources and confidence to focus on their core competencies and grow their businesses efficiently. Given Duet (USA)’s experience and pedigree, we’re confident the firm will be successful and we look forward to helping Duet (USA) achieve its goal