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SEI Investments (SEIC) Acquires Atlas Master Trust

October 21, 2021 9:03 AM EDT

SEI (NASDAQ: SEIC) today announced the acquisition of Atlas, Capita's defined contribution (DC) master trust. Subject to regulatory approval, the deal extends a successful, long-term strategic partnership between SEI and Capita and positions the SEI Master Trust to continue delivering best-of-breed service at scale.

Founded by Capita in 2015, the Atlas Master Trust is a leading master trust in the UK with over 110,000 members. SEI, one of the first commercial master trust providers in the UK, will welcome three employees to SEI's Institutional Group and one of the Atlas trustees to the SEI... More