CLIFTON PARK, NEW YORK – September 24, 2024 – Ultimus LeverPoint Private Fund Solutions (Ultimus LeverPoint), a leading independent provider of comprehensive fund administration, accounting, and investor solutions, is delighted to share that it has attained an exceptional score of 6.95 out of 7.00 in the 2024 Private Equity Fund Administration Survey by Global Custodian. This remarkable accomplishment positions Ultimus LeverPoint ahead of its competitors, exceeding global averages across all eleven surveyed categories. Moreover, it secured the highest ranking in the survey among managers with assets exceeding $10 billion.
Global Custodian (GC) conducts an annual independent survey that evaluates private equity firms based on the quality of services they receive from third-party fund administrators. This survey, a collaborative effort between private equity firms and GC, covers essential administration aspects for fund managers, including client service, technology, reporting to general and limited partners, onboarding, and compliance. In recognition of its performance in the 2024 Global Custodian survey, Ultimus LeverPoint has been nominated for five awards at the upcoming Global Custodian Industry Leaders Awards.
In response to the survey, Ultimus LeverPoint has once again been acknowledged for its steadfast dedication to a client-focused, technology-driven service model, marking this as the fourth consecutive year of recognition. The survey underscores Ultimus LeverPoint’s deliberate efforts to consistently elevate the experiences of its asset manager clients and their investors.
Survey responses featured client comments that affirm Ultimus’ exceptional performance. Client Service and Relationship Management, both scoring 7.00, garnered praise for going “above and beyond” compared to other administrators. Clients value the team’s attentiveness to time zones, availability, and the perception that Ultimus is more than a typical administrator. Additionally, the company’s focus on technology has been well-received, with one client noting that the technology platforms have been highly effective for their business.
Jim Cass, President of Ultimus LeverPoint, shares that their recognition in the GC Private Equity Fund Administration survey highlights their clients’ loyalty in addition to the dedication of the Ultimus team. “I am proud of our teams’ daily efforts in collaborating with and supporting our clients. I thank our associates for their commitment and diligence,” he states. Jim further adds, “We are committed to enhancing our platforms and solutions, using advanced technology for improved integration and customization for each client. We recognize the growing demand for data and are dedicated to ensuring its efficient and timely access for our clients.”
Kelly Ramsey Gooch, Executive Vice President and Client Relationship Officer at Ultimus LeverPoint, emphasizes the firm’s unwavering commitment to its client-centered service model, as confirmed by this year’s survey results. “The feedback reflects our team’s relentless dedication to improving the experiences of both our clients and their investors,” she says. “We are always exploring new ways to offer the best solutions and drive client success.” Kelly notes that client interactions are at the heart of the firm’s decision-making, and while the positive scores are encouraging, she recognizes the continuous effort required to earn and maintain their clients’ trust.
Notable takeaways from the 2024 survey results include:
- Ultimus LeverPoint achieved a remarkable overall score of 6.95, surpassing the industry’s average of 6.23.
- The firm’s individual category scores outperformed industry average scores in all eleven applicable categories surveyed.
- The firm received a perfect 7.0 in seven of the eleven categories surveyed.
- As a result of its survey scores, Ultimus LeverPoint received two important accreditations from Global Custodian:
- Global Outperformer, which signifies that the firm’s overall score exceeds the industry average score.
- Category Outperformer, indicating that the firm’s score in one or more categories was higher than the industry average score.
As a result of its survey scores, Ultimus LeverPoint has been nominated for the following Private Equity Administration awards by Global Custodian:
- Private Equity Fund Administrator of the Year
- Private Equity Fund Administration: Client Services
- Private Equity Fund Administration: Relationship Management
- Private Equity Fund Administration: Reporting to GPs & LPs
- Private Equity Fund Administration: Reporting to Regulators
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About Ultimus LeverPoint
Ultimus LeverPoint Private Fund Solutions is a leading fund administrator committed to providing a complete spectrum of solutions to private equity, venture capital, real estate, and hedge fund clients. Providing accounting and fund administration solutions to nearly 220 firms and more than $235B in AUA, Ultimus LeverPoint represents a diverse range of alternative fund types and structures.
Whether outsourcing a new fund or transitioning existing funds, Ultimus LeverPoint serves as a seamless extension of your firm – a partner in growth. From traditional to complex structures, our team of over 450 associates provides operational excellence to meet every need and is dedicated to helping investment managers keep pace with the constantly changing regulatory and market demands while providing quick solutions to new challenges. For more information, visit www.ultimusleverpoint.com.
ULP COD00000527 09/24/2024
