Tender Offer - SEI Alternative Income Fund

Form Type: N-23C3A

Filing Date: 2025-03-05

Corporate Action: Tender-offer

Type: New

Accession Number: 000139834425004732

Filing Summary: On March 5, 2025, SEI Alternative Income Fund filed a notification regarding a periodic repurchase offer as mandated under Rule 23c-3. The fund is a closed-end interval fund which provides shareholders with an opportunity for liquidity through quarterly repurchase offers. Shareholders may disregard this offer if they do not wish to participate. The key details of the repurchase offer include a Repurchase Request Deadline of March 31, 2025, a Repurchase Pricing Date also on March 31, 2025, and anticipated payment dates for shares repurchased within one to three business days from the pricing date. The fund indicates it may only be able to repurchase a limited number of shares and may prorate purchases if demands exceed offerings. It is important to note that if shares are oversubscribed, there is a risk that not all tendered shares will be repurchased. Shareholders must ensure their documents are submitted by the specified deadline to facilitate the repurchase process. For tax implications, shareholders are advised to consult their tax professionals as any tender may be treated as a taxable event, with considerations influencing capital gains or losses depending on the duration of shareholding.