Oaks, Pa.-based SEI, a provider of investment processing, fund processing, and investment management business outsourcing services, has appointed Stephen Beinhacker as Global Head of Equities for SEI's Investment Management Unit.

In this role, he will be responsible for the six equity portfolio teams, including the three located in Oaks, PA and the teams in London, Toronto, and Hong Kong.

Prior to joining SEI, Stephen spent nearly 20 at AllianceBernstein; first as a senior portfolio manager and later as chief investment officer for emerging markets growth. Before that he managed a U.S. equity portfolio for Lehman Brothers.

SEI manages or administers $404 billion in mutual fund and pooled or separately managed assets as of December 31, 2011.

Hung Tran writes for Money Management Executive.