Business
SEI Honors Mother Cabrini Health Foundation with SEI Novus Greater Good Award
Private Nonprofit Recognized for Helping Improve Health and Well-being of Vulnerable New Yorkers OAKS, Pa., Feb. 1, 2022 /PRNewswire/ -- SEI® (NASDAQ:SEIC)
About this update from Sei Investments Company
[{"type":"text","content":"Private Nonprofit Recognized for Helping Improve Health and Well-being of Vulnerable New Yorkers\n\n\nOAKS, Pa., Feb. 1, 2022 /PRNewswire/ -- SEI® (NASDAQ:SEIC) today announced Mother Cabrini Health Foundation as the recipient of the inaugural SEI Novus Greater Good Award, which recognizes institutional investors who make a positive impact on the world through their investments. As the winner, Mother Cabrini Health Foundation receives one year of complimentary access to SEI Novus, a global portfolio intelligence tool that is part of SEI's Enhanced Chief Investment Officer (ECIO) platform for institutional investors.\nThe Mother Cabrini Health Foundation is one of the largest private, nonprofit organizations serving New York. Their mission is to improve the health and well-being of vulnerable New Yorkers by leveraging its $4.2 billion investment portfolio (as of Oct. 31, 2021).\nPaul Klauder, Head of SEI's Institutional Group, said:\n\"Amid an evolving asset management landscape, institutional asset owners have a transformational opportunity to invest directly in our shared future. The Mother Cabrini Health Foundation is deeply committed to improving the community, creating connections with those in need, and facilitating better care and improved health outcomes. We are delighted to recognize their efforts and mission with the inaugural SEI Novus Greater Good Award.\"\nJeremy Rosenberg, Managing Director of Public Investments at Mother Cabrini Health Foundation, said:\n\"The foundation is at a critical juncture and in the midst of building out an institutional-quality portfolio to bolster health outcomes, eliminate barriers to care, and bridge gaps in health services. The pace of manager additions has elevated, and we plan to use SEI Novus' portfolio intelligence capabilities to help the foundation more effectively evaluate existing and prospective managers in order to make more informed and impactful decisions.\"\nAward applicants are required to demonstrate the positive impact they are making on the world and how they believe the SEI Novus portfolio intelligence tool could help them potentially improve their investment process and amplify their impact. Mother Cabrini's investment staff will experience the benefits of SEI Novus, including the full suite of data services, a multi-asset class analytics toolset, and reporting engin...