PC · PRIVATE CREDIT

SEI Structured Credit Fund, LP

SEI Investments · Tender Offer Fund (Structured Credit / CLO)

Program Overview

Tender Offer Fund (Structured Credit / CLO)

Peer Group Filters

Objectives: Total Return
Asset Class: Private Credit
Vehicle: Tender Offer Fund
Single / Multi Asset: Multi-Asset

Sponsor/Manager

SEI Investments

Asset Class

Private Credit

Issuer

SEI Structured Credit Fund, LP

Issuer Legal Structure

Delaware Limited Partnership

Program Life Structure

Evergreen

Securities Offered

Equity - Limited Partnership Interests

Target Leverage

Maximum 33% debt-to-total-assets Fund borrowing is capped by the 1940 Act 300% asset coverage test (about 33% of total assets). No borrowings at 6/30/2026. Main leverage sits inside the CLOs held, typically 10 to 14 times, outside this limit.

Strategy Risk/Return Profile

Managing Broker-Dealer

SEI Investments Distribution Co.

Raised To Date

$2,648,167,239

Minimum Investment

$1,000,000

Limited Partnership Interests · waivable

Strategy Overview

The Fund's objective is to generate high total returns. It invests in a portfolio of collateralized debt obligations, chiefly collateralized loan obligations, and other structured credit. The 2007 N-2 states it primarily holds CDO equity and mezzanine debt, and it may also hold fixed income securities, loan participations, credit-linked notes, pooled vehicles and derivatives such as credit default and total return swaps. The FY2025 annual report describes positions in CLO equity and BB and BBB rated CLO debt. CLO vehicles are described as typically leveraged 10 to 14 times, so the Fund's junior tranches carry a higher risk of total loss.

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