SEI Selected by Sands Capital Management to Provide Operational Outsourcing

Extensive Expertise & Resources in Multiple Fund Structures Crucial as Firm Expands Its Investment Focus Globally

DUBAI, United Arab Emirates, September 28, 2010 - SEI (Nasdaq: SEIC) announced today that it has been selected by Sands
Capital Management to provide full-service operational outsourcing for the
firm's recently created U.S. mutual fund and Dublin-based UCITS (Undertakings
for Collective Investment in Transferable Securities) offerings. SEI's
ability to provide fully scalable and industry-proven solutions to support
both fund structures was a key factor in the selection process for Sands
Capital.

SEI's comprehensive mutual fund solution encompasses fund administration,
accounting, investor servicing, and distribution services. For Sands
Capital's mutual fund offering, the outsourcing services will be implemented
through SEI's Advisors' Inner Circle series trust. This turnkey solution
allows investment managers to reduce time to market and quickly gain scale
and efficiencies by leveraging SEI's infrastructure.

SEI has one of the industry's leading turnkey mutual fund platforms,
having offered a series trust to managers for more than 18 years. In
addition, SEI's distribution support model gives Sands Capital faster access
to a broad range of intermediary firms and platforms. SEI has more than 175
relationships, allowing its investment manager clients to increase the speed
at which their funds are available for sale on platforms and with
intermediary firms.

For Sands Capital's UCITS fund, SEI will provide Irish trustee and
custodial services in addition to fund administration, accounting, and
investor servicing. The UCITS directive is a "passport" system that allows
managers to operate throughout European Union member nations under a uniform
regulatory framework. SEI has established itself as a leader in the UCITS
space as more managers utilise the structure to efficiently distribute their
funds across, and even outside, Europe. For Sands Capital, the structure
allows them to further capitalise on their existing global investor
relationships.

"When Sands Capital decided to launch multiple fund structures in
multiple markets, they wanted a single strategic outsourcing partner with the
experience and solutions necessary to meet their diverse needs," said John
Alshefski, Senior Vice President, SEI's Investment Manager Services division.
"SEI has invested time and resources in creating a fully scalable platform
that provides the integration and continuity across business models and asset
classes that our clients need."

Robert C. Hancock, Managing Director, Chief Operating Officer and Chief
Compliance Officer at Sands Capital Management, said, "SEI's proven platform
and its expertise across fund structures gave us the single platform services
we needed to quickly bring our funds to market in the U.S. and Europe without
having to build out our own back office processes. Ultimately our partnership
allows us to focus on managing money, not infrastructure."

About SEI's Investment Manager Services Division

SEI's Investment Manager Services division provides comprehensive
operational outsourcing solutions to global investment managers focused on
mutual funds, hedge and private equity funds, exchange traded funds,
collective trusts, and separately managed, as well as institutional and
private client, accounts. 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. The division has been recognised by Buy-Side Technology as
"Best Fund Administrator" and by HFMWeek as "Best Funds of Hedge Funds
Administrator." For more information, visit
www.seic.com/enME/investment-managers.htm.

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
June 30, 2010, 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$149 billion in assets. SEI serves clients,
conducts or is registered to conduct business and/or operations, from
numerous offices worldwide. For more information, visit
www.seic.com/enME/index.htm.

Services for Sands Capital's UCITS fund provided by SEI Investments -
Global Fund Services Limited (Reg. in Dublin No. 242309), 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 authorised 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.

Dana Grosser of SEI, +1-610-676-2459, dgrosser at seic.com; or Media, Rory King or Katy Hall, both of Penrose Financial for SEI, +44-0207-786-4888, seiims at penrose.co.uk