Easterly Asset Management to Launch First Collective Income Trusts to Meet Growing Client Need

BEVERLY, Mass.–(BUSINESS WIRE)–#UCITEasterly Asset Management is pleased to announce the launch of three collective investment trusts (CITs) to better serve growing client demand in the institutional retirement market. The three CITs are:

Easterly Small Cap Value CIT;

Easterly Small-Mid Cap Value CIT; and

Easterly EAB Hedged Equity CIT.

Easterly Investment Partners will act as the advisor on the Easterly Small Cap Value CIT and the Easterly Small-Mid Cap Value CIT. These CITs will mirror EIP’s existing SCV and SMID Cap Value strategies, which have been offered to institutional clients via separate account since 2006 and 2013, respectively. They will be managed using a value approach that seeks to identify underpriced, compelling investment opportunities that have catalysts that are expected to lead to an increase in stock price.

Easterly EAB Risk Solutions will act as the advisor on the Easterly EAB Hedged Equity CIT, as they have been managing this strategy since 2015. Currently only available via a separate account or mutual fund, the strategy seeks to systematically provide a predictable reduction in downside volatility, while maintaining exposure during rising markets.

“We are pleased to offer qualified retirement plans three collective investment trusts that leverage the expertise of the teams at Easterly Investment Partners and Easterly EAB Risk Solutions,” said Michael Collins, Managing Director and Head of Distribution for Easterly Asset Management. “These vehicles provide investors with proven strategies, access to experienced asset managers and a structure tailored to their needs.”

SEI Trust Company will serve as the trustee of the three collective investment trusts. SEI Trust Company is a subsidiary of SEI®, a leading global provider of technology and investment solutions, including investment processing, investment management, and investment operations.

“Easterly Asset Management’s collective investment trusts provide a unique set of solutions for the retirement market, and we are proud to serve as the trustee,” said John Alshefski, Senior Vice President and Managing Director of SEI’s Investment Manager Services division. “We believe the market will find these trusts and their underlying strategies a welcome addition.”

About Easterly Asset Management

Easterly Asset Management (Easterly) is a multi-affiliate platform of high-performing boutique investment managers. Easterly is committed to bringing investors innovative investment strategies by partnering with quality managers who possess deep domain expertise and are craftsman in their respective asset classes and investment processes. We support our partners by delivering best-in-class solutions in marketing, sales, technology, operations, human resources, and finance to scale their businesses. We also offer affiliates, through our platform partnerships, the opportunity to access our retail & institutional distribution services. With our 20 investment professionals across our seven affiliates, we offer a range of products including separate accounts, SMAs, ’40 Act Funds, CITs and private placements. At the end of June 2022, Easterly had $3.2 billion in assets under management. For more information, please visit Easterly at https://easterlyam.com/.

About SEI®

SEI (NASDAQ:SEIC) delivers technology and investment solutions that connect the financial services industry. With capabilities across investment processing, operations, and asset management, SEI works with corporations, financial institutions and professionals, and ultra-high-net-worth families to solve problems, manage change and help protect assets—for growth today and in the future. As of June 30, 2022, SEI manages, advises, or administers approximately $1.3 trillion in assets. For more information, visit seic.com.

About SEI Trust Company

SEI Trust Company (STC) is a non-depository trust company chartered under the laws of the Commonwealth of Pennsylvania, which provides trustee, custodial, operational and administrative services to various collective investment trusts. STC was formed in June 1989, is a wholly-owned subsidiary of SEI Investments Company and is regulated and examined by the Pennsylvania Department of Banking and Securities. The Trustee shall offer interests in each Trust only to parties who are eligible plans in a collective investment trust pursuant to applicable law, including, but not limited to, the applicable provisions of the Securities Act of 1933, the Investment Company Act of 1940 and the Pennsylvania Banking Code of 1965, as well as the terms of the offering documents for each specific trust.

Contacts

Erin Daigle

The Hubbell Group, Inc.

781-815-2827

edaigle@hubbellgroup.com

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