Form DEFA14A SEI Alternative Income

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 14A

 

Proxy Statement Pursuant to Section 14(a) of the Securities

Exchange Act of 1934

 

Filed by the Registrant [X]

Filed by a Party other than the Registrant [  ]

 

Check the appropriate box:

[  ]

Preliminary Proxy Statement

[  ]

Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))

[  ]

Definitive Proxy Statement

[  ]

Definitive Additional Materials

[X]

Soliciting Material Pursuant to §240.14a-12

 

SEI ALTERNATIVE INCOME FUND

(Name of Registrant as Specified In Its Charter)

 

 

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

 

Payment of Filing Fee (Check the appropriate box):

[X]

No fee required.

[  ]

Fee paid previously with preliminary materials.

[  ]

Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11.

 

 

 

 

 

Dear Advisor,

 

 

 

This letter is to inform you of an upcoming proxy mailing for the SEI Alternative Income Fund (the “Fund”), for which SEI will be requesting your client(s) vote on one proposal. The proposal is: To elect a slate of ten nominees, six of whom are new, to the Board of Directors (each, a “Director” and, together, the “Board”) of the SEI Alternative Income Fund.

 

 

 

The proposal arises from the Fund’s intent to expand the size of the Board and align the Fund’s Board with the composition of the SEI Funds’ Board. Vacancies on a fund’s board may be filled by appointment of a director (without a shareholder vote) only if, immediately after such appointment, more than two-thirds of the registered investment company’s board of directors have been elected by shareholders.

 

 

 

Although all current Directors were elected by shareholders, the Fund is still seeking that shareholders re-elect all current Directors and elect the new nominees to promote efficiency and to attempt to reduce future costs and expenses of the Fund. As such, if the nominees and all of the current Directors are elected, following the shareholder meeting, all of the Directors of the Fund will be elected by shareholders, which will likely permit the Board to fill several future vacancies before next having to incur the costly expense of a proxy solicitation.

 

 

 

Your client(s) will be asked to elect a slate of ten Directors for the SEI Alternative Income Fund. Six of the nominees are new and the remaining four are existing Directors.

 

 

 

In the coming days, your client(s) will be receiving proxy materials - a booklet that includes a Notice of Special Meeting of Shareholders, the Proxy Statement and a proxy card – for the Special Shareholder Meeting scheduled for October 16, 2025.