Ultimus Fund Solutions has supported the launch of interval and tender funds for three new clients: Fairway Capital Management, Lind Capital Partners, and an undisclosed registered investment advisor (RIA).
For Lind Capital Partners, Ultimus helped launched an interval fund, for which it converted two limited partnerships into the fund. Ultimus assisted Lind by merging private funds into a new registered product offering, allowing Lind to expand its distribution footprint and help grow its assets under management. Ultimus also helped create a distinct tender offer fund for Fairway Capital Management which is now one of the few firms providing exposure to venture capital investments. Ultimus’ third major new client is an RIA seeking to provide a more efficient vehicle for clients. For this firm, Ultimus assisted in the development of the fund as an allocation vehicle. This fund will provide all of the firm’s clients with more efficient investing process enabling their clients’ easier access to alternative investment options.