SEI to provide outsourcing services for Monsoon Capital UCITS fund
US-based alternative asset manager Monsoon Capital has selected SEI to provide full fund administration and trustee and custodial services for the firm's newly launched UCITS IV fund.
Monsoon will also use SEI's online Manager Dashboard for data management, performance, and risk reporting.
SEI Investment Manager Services division senior vice president and head of business development for Europe Philip Masterson said that by providing automated and scalable technology from trade entry through back-end reconciliation, they enable Monsoon to focus on managing investments and creating a better experience for its investors.
Monsoon Capital founder and senior managing director Gautam Prakash said that they continue to grow their asset base and add new alternative strategies in the UCITS format and they look forward to working with SEI.
SEI's outsourcing solution encompasses fund administration, accounting, investor servicing, and Irish trustee and custody services.