CINCINNATI, OH, October 14, 2025 – Ultimus Fund Solutions® (Ultimus®), a premier provider of full-service fund administration and middle office solutions, today announced that Chief Commercial Officer, Nick Darsch, has been appointed to the Board of Directors for the Institute for Portfolio Alternatives (IPA).

Darsch’s election brings crucial expertise around fund administration, transfer agency and product structuring to the leadership of the prominent alternative investments trade association. The appointment underscores the IPA's commitment to incorporating diverse perspectives from key industry partners as it continues to advance and advocate for the portfolio-diversifying investments space.

"I am honored to join the IPA Board of Directors," said Nick Darsch, "The IPA’s work in education, advocacy, and networking is critical to moving the industry forward, and I look forward to collaborating with my fellow board members to support the continued expansion, growth, and integrity of the alternative investments industry."

At Ultimus, Darsch leads all go-to-market activities for Ultimus across public and private fund solutions, including retail alternatives. His deep understanding of the operational, regulatory and structural complexities of alternative products in the private wealth channel will be a significant asset to the IPA board’s strategic initiatives.

"We are incredibly proud of Nick’s appointment," said Gary Tenkman, CEO of Ultimus. "His expertise highlights not only his individual leadership but also reflects Ultimus’ commitment to supporting the industry's infrastructure. We are confident he will bring immense value to the IPA's mission."


COD00000855 10/12/2025