Greater Washington Community Foundation Hires SEI as Outsourced Chief Investment Officer for $197 Million Investment Pool
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OAKS, Pa., March 8, 2021 /PRNewswire/ SEI (NASDAQ:SEIC) today announced the company has been hired by the Greater Washington Community Foundation (The Community Foundation) to serve as outsourced chief investment officer (OCIO) for approximately $197 million of the foundation s assets. Through this strategic partnership, SEI will provide discretionary investment management services, including manager selection and oversight, as well as help The Community Foundation s Investment Committee in strengthening the overall stewardship of the foundation s assets. SEI provides investment management services to more than 460 global institutional investors, including over 175 non-profit organizations, representing $32 billion in assets.