The SEP Security Virtual Applicance is not a SEPM. It's a linux based virtual appliance that you install on a VMware EXS/EXSi server. It integrates with VMWare's vShield Endpoint. The Shared Insight Cache runs in the appliance and lets Windows based guest VMs share scan results.
I want to make sure your not confusing this as it does not act as a virtual SEPM.