Ultimus Fund Solutions Acquires FD Fund Administration

Ultimus Fund Solutions Acquires Woodfield Fund Administration

April 11, 2018

Financial Services

Ultimus Fund Solutions acquired Woodfield Fund Administration, a privately owned private fund administration firm headquartered in Chicago, Illinois. The acquisition expands Ultimus’ private fund administration and middle-office capabilities, increases assets under administration to more than $75 billion and will result in a combined firm serving over 140 clients with nearly 200 employees.

GTCR Acquires Ultimus Fund Solutions and The Gemini Companies

February 4, 2019

Financial Services

GTCR has completed acquisitions of Ultimus Fund Solutions and The Gemini Companies and combined them to operate as Ultimus Fund Solutions. The transaction creates a scaled, technology-enabled fund administration platform servicing traditional and alternative fund managers, expanding product offerings and middle/back-office capabilities.

GTCR and Stone Point Capital Acquire Ultimus Fund Solutions

April 23, 2025

Financial Services

GTCR and Stone Point Capital jointly acquired Ultimus Fund Solutions in a transaction that recapitalizes the company, with GTCR reinvesting and providing liquidity to GTCR Fund XII. Ultimus, a Cincinnati-based fund administrator serving over 450 clients and administering more than $600 billion in assets, will be jointly controlled by GTCR and Stone Point and led by existing management.

Alter Domus Acquires Strata Fund Solutions LLC

January 12, 2021

Financial Services

Alter Domus, a Luxembourg-based fund administration and corporate services provider backed by Permira, has acquired Strata Fund Solutions LLC, a Salt Lake City-based fund administrator serving private equity and venture capital funds. The deal expands Alter Domus' North American footprint, adds over 200 fund accounting and administration professionals, and brings complementary technology and a $140 billion assets-under-administration client base to the combined firm.

TMF Group Acquires PartnersAdmin LLC

March 23, 2022

Financial Services

TMF Group has acquired PartnersAdmin LLC, a Carlsbad, California-based full-service outsourced fund administrator. The deal expands TMF Group’s North American fund administration footprint and increases the assets under administration for its global fund services business.

JTC Acquires New York-headquartered Essential Fund Services

December 16, 2021

Financial Services

JTC Group has acquired New York-headquartered Essential Fund Services (EFS), a fund accounting and administration firm serving alternative asset managers, to expand and add scale to its US fund services platform. EFS's team and c. $5.5bn AuA will join JTC's Institutional Client Services division and will work alongside the recently acquired SALI Fund Services to broaden capabilities in the Insurance Dedicated Fund (IDF) market.