Ultimus Fund Solutions, LLC

Ultimus Fund Solutions, LLC is a leading independent provider of full-service fund administration, accounting, middle office, and investor solutions for the asset management industry. Headquartered in Cincinnati, Ohio, the company's core mission is to offer innovative, technology-enhanced, and high-touch consultative services. These services are designed to meet the complex fund administration needs of various-sized fund sponsors, investment managers, and large institutions, helping them navigate elaborate fund structures, specialized strategies, and evolving compliance requirements.

The company provides a comprehensive suite of services including fund administration, fund accounting, transfer agency, middle office, and investor servicing solutions. Specific offerings encompass accounting solutions, distribution, financial administration, compliance, legal administration, shareholder services, tax services, and treasury services. Its middle office solutions include outsourced trade services and enterprise-wide investment operations support. Ultimus serves a broad range of market segments, including registered funds (such as mutual funds, ETFs, and interval funds), private funds (including private equity, venture capital, real estate, and hedge funds), and public plans. The firm supports over 450 clients, managing more than 2,500 funds with over $775 billion in assets under administration.

In July 2025, Ultimus Fund Solutions was jointly acquired by private equity firms GTCR and Stone Point Capital LLC. The company continues to strengthen its leadership team, with Gary Tenkman serving as CEO, and recent appointments including John Lehner as President of Public Fund Solutions, Jay Martin as President of Private Fund Solutions (September 2025), and Stephen Wood as Chief Financial Officer (December 2025). Lou Maiuri was appointed to the Board of Directors in April 2026. Ultimus maintains its market position as one of the largest independent fund administration providers in the U.S., recognized for its tech-enhanced service model and expertise in retail alternatives. The firm has also been acknowledged as Private Equity Fund Administrator of the Year for four consecutive years by the Global Custodian Industry Leaders Awards.