Ultimus Announces Registered Alternatives Gateway Platform
23 Julio 2024 - 7:20AM
Ultimus Fund Solutions® (Ultimus®), a leading independent provider
of full-service, technology-enhanced fund administration,
accounting, and investor solutions, is proud to announce Ultimus
Registered Alternatives Gateway™ (Ultimus Gateway), a scalable
platform to launch registered alternative funds. Harnessing
Ultimus’ premier fund governance practices in the registered fund
space, extensive alternatives experience, industry leading
technology, and partnerships supporting registered investment
products, the company organized a comprehensive and efficient way
to assist asset managers with launching interval funds and tender
offer funds to access retail, institutional, and high net worth
investors.
Ultimus Gateway provides a full-service operating and oversight
model with vetted industry-leading partners offering clients
flexible, valuable, and cost-effective solutions. With its open
architecture approach to integrating with custodians, legal
counsel, and auditors, the platform allows prospective sponsors to
build-for-purpose with their interval and tender offer fund
offerings. Ultimus Gateway’s administration platform utilizes best
in class technology and full-service support in areas such as
administration, accounting, transfer agency, and distribution.
"We are proud to launch the Ultimus Gateway, which represents
the next evolution in our industry-leading retail alternative
solutions," commented Ultimus CEO Gary Tenkman. "Our platform is
the chassis for helping managers bring alternative investment
products to market efficiently and securely, backed by our proven
track record of compliance, service excellence, and innovation.
We've taken our long history of providing scalable solutions to
investment managers and optimized an environment for them to launch
retail alternative funds. There’s demand in the market and we're
extremely optimistic about the continued growth in this space.”
Ultimus Gateway is designed to streamline the fund launch
process, offering components that enable advisers to navigate
regulatory requirements with greater ease. With a focus on open
architecture, the platform welcomes partnerships with leading
custodians and industry collaborators, enabling flexibility, value,
and economy for clients.
By leveraging Ultimus Gateway advisers have access to:
- Streamlined and comprehensive fund
support infrastructure allowing advisers to focus on managing
investments and serving their investors,
- Assistance in product development
with deep subject matter expertise including critical legal,
valuation, and operational considerations,
- Operational expertise in retail
alternative products and private fund type investment strategies,
including tax and portfolio compliance professionals,
- Real-time investor reporting with
advanced technology to provide key insights into the distribution
environment,
- Distribution expertise to help
provide market insight and strategize on growth opportunities,
and
- Uniquely skilled and experienced
board members and legal counsel in ’40 Act alternative funds and
investments.
"We are thrilled to offer the Ultimus Gateway, which represents
a meaningful achievement in our commitment to providing innovative
solutions for our clients," expressed Kevin Wolf, Ultimus’ EVP and
Head of Fund Administration and Product. “We’re at the forefront of
the retail alts wave and we’re empowering managers with a practical
solution that leverages our deep knowledge and experience with
series trusts and fund governance to launch these ‘40 Act products
while leaving the administration details to our experts.”
The launch of Ultimus Gateway marks an innovative addition to
Ultimus' growing product solution set, this one in particular for
registered alternative funds. Projecting estimates of incoming
funds, Ultimus plans to support over 50 registered alternative
funds by the end of the year. As lines between traditional and
alternative strategies continue to merge, Ultimus Gateway is a next
generation solution for advisers seeking to navigate the
complexities of the market.
About UltimusUltimus Fund
Solutions (Ultimus) is a leading provider of full-service
tech-enhanced fund administration, accounting, middle office, and
investor solutions to support the servicing of registered funds,
alternative investment funds, such as interval and tender offer
funds, private funds, and public plans. The company also offers
customized structures designed for the unique needs of pensions,
endowments, foundations, and other large institutions. Ultimus’
deep commitment to excellence is achieved through investments in
best-in-class technology, compliance programs, organization-wide
cyber security efforts, and hiring seasoned
professionals.Headquartered in Cincinnati, Ohio with offices in
other major cities such as Denver, New York, and Philadelphia,
Ultimus employs more than 1000 seasoned accountants, attorneys,
paralegals, application developers, fund administrators, compliance
specialists, and many others with years of experience in the
financial services industry. Servicing over 1,800 total traditional
and alternative funds, Ultimus helps investment managers and fund
families flourish in today’s increasingly sophisticated and dynamic
investment landscape. For more information,
visit www.ultimusfundsolutions.com.
CONTACT: Marketing@UltimusFundSolutions.com
COD00000352 6/6/2024