Aquiline closed its acquisition of SEI’s Family Office Services business. As an independent company, the business will revert to its original name, Archway. Archway also announced the appointment of several key executives to lead the newly independent company. Anthony Abenante will join Archway as CEO. Anthony most recently served as Global Head of Equities at Credit Suisse and previously was the CEO of Instinet.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SEIC:
- SEI Investments Sells Family Office Services to Aquiline
- SEI Investments price target raised to $102 from $100 at Morgan Stanley
- SEI Investments price target raised to $96 from $87 at Oppenheimer
- SEI Investments price target raised to $100 from $84 at Morgan Stanley
- SEI Investments Company: Strong Margin Expansion and Strategic Growth Drive Buy Rating