Private Fund Industry Update Given at Ultimus Influencer Events

Perspectives on the Challenges and Trends Effecting Private Equity, Real Estate, Venture Capital and Hedge Funds

Jan 15, 2020

CINCINNATI, OHIO – January 15, 2020Ultimus Fund Solutions® (Ultimus®) today shares insights from a panel discussion with Private Fund industry experts (via a video link) during a recent industry event they hosted in New York City. The panel, entitled “Private Funds Update”, was moderated by Lisa Vioni, CEO of Hedge Connection, and featured speakers David MacPhee, CEO of Ultimus LeverPoint, and Krista McCoy, Chief Business Development Officer for Ultimus LeverPoint.

“Heightened scrutiny into funds has increased the demand for institutional-grade, back-office administration,” said Vioni. Many funds choose to outsource these functions, as it strengthens their reputation to have a best in class resource handling non-alpha generating activities.”

MacPhee commented, “Managers need to partner with a provider that has a recognized name and reputation to help them navigate all the facets of delivering their investing vision. For many, they only have one opportunity to impress investors and create confidence that the foundation of their enterprise is solid.”

During the event, the panel also covered:

  • How fund administrators can help offer transparency and keep funds aligned with Institutional Limited Partners Association (ILPA) standards
  • Why third-party valuations are so important
  • When investors are assessing emerging managers, defining their criteria for evaluation
  • Best practices for handling due diligence questionnaires
  • The next-generation of private funds administration based on current market-drivers

McCoy added: “We designed our outsourced private fund administration model so that it encompasses all the elements managers need including robust reporting to respond to new U.S. tax laws, optimal data connectivity for better insights and execution, and access to a team of professionals that can be leveraged as an extension of the manager’s core team. Having streamlined operations results in reducing the workload for managers and provides them the ability to deliver cost savings that impact their fund’s bottom line and flow-through to investors.”

Ultimus LeverPoint will be attending the Private Equity International (PEI) CFOs & COOs Forum at the Grand Hyatt New York next week, where you can learn more about how to outsource your private fund administration from our experienced team including Krista McCoy, Andy Jones, Jessica Robertson, and Ehab Orabi.


  • Watch the full panel conversation video HERE
  • To learn more about how to facilitate Financial Introductions, visit Hedge
  • To learn more about Ultimus’ Acquisition of LeverPoint, read the press release HERE.


About Ultimus
Ultimus Fund Solutions (Ultimus) is a leading provider of full-service fund administration, accounting, and investor solutions to support the launching and servicing of registered 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 Chicago and New York, Ultimus employs more than 750 seasoned accountants, attorneys, paralegals, application developers, fund administrators, compliance specialists, and many others with years of experience in the financial services industry. Servicing over 1,200 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

About Ultimus LeverPoint
Ultimus LeverPoint Private Fund Solutions provides high-quality fund administration solutions to more than 230 firms with over $90B in Assets Under Management (AUM). Ultimus LeverPoint clients are spread over a diverse range of private fund firms across the country, ranging in size from first-time firms with AUM of $50M, to established firms with AUM of $19B.

In 1995, LeverPoint began as part of The Encompass Group of The Ayco Company L.P. In August 2007, the business transitioned from The Ayco Company, a Goldman Sachs subsidiary, to form LeverPoint. The company continued to operate as a leading boutique fund administration firm until September 2019, when it joined forces with Ultimus Fund Solutions. Today, Ultimus LeverPoint is growing to become one of the largest independent private fund administrators in the industry, providing differentiated high-quality services and a broader set of capabilities, while also investing further in technology. Visit to learn more.

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