Ultimus supports you with a service-led operating model designed to handle complexity, scale alongside your platform, and maintain confidence with limited partners.
Private Equity
Service‑led private equity fund administration
Private equity fund administration delivered through a technology-enabled, high-touch service model
Most private equity (PE) managers don’t outgrow their strategy. They outgrow their operations. Ultimus brings experienced service teams and structured workflows across partnership accounting, capital activity, and investor reporting, with solutions built for the complexity PE managers operate in.
Whether managing carried interest across multiple vehicles, coordinating co-invest structures, or meeting institutional LP expectations, Ultimus helps you scale your operating model with confidence.
Service, technology, and experience aligned to your fund
Support partnership accounting across the fund lifecycle
From fund launch through wind-down, partnership accounting must remain consistent and controlled across commitments, allocations, and incentive structures. We’ll help you manage capital calls, distributions, and carried interest with greater accuracy and transparency, supported by automation and disciplined processes throughout your fund lifecycle.
Maintain control across capital activity and operations
Capital activity introduces complexity across workflows, timing, and stakeholder communication. Maintain control across capital calls, distributions, and allocations with integrated technology and structured processes that improve accuracy and support consistent execution across funds and investor groups.
Deliver clear, consistent investor reporting
Investors expect timely, accurate insight into fund performance, capital activity, and positions. Our secure Ultimus ConnectTM Private Investor Portal and automated reporting workflows deliver communications aligned to your fund structures, with on-demand access supporting transparency and consistency across LP requirements and regulatory expectations.
Scale operations as strategies and structures evolve
As your platform expands across funds, vehicles, and strategies, operational demands intensify. We’ll help you scale administration support without increasing internal burden, maintaining consistency across structures while supporting expansion of assets under management (AUM), investor base, and reporting complexity.
Services and solutions
Fund accounting and reporting
Support partnership accounting across capital calls, distributions, waterfall calculations and carried interest tracking, and GP/LP allocations, with audit-ready records across multi-entity, multi-deal structures.
Investor services
Deliver investor statements, fund financial statements, capital activity notices, K-1 packages, AML/KYC workflows, and secure portal access aligned to institutional investor expectations.
Treasury services
Deliver end-to-end treasury and cash management support, including processing of payments, through technology-enabled structured workflows that maintain control across various structures.
Strategic solutions
Management company solutions
Offload the day-to-day demands of running your management company and refocus your team on fundraising and deal sourcing. We serve private equity, venture capital, real assets, and fund of funds sponsors with financial reporting, accounts payable, expense allocation, fee and carry calculations, payroll, and travel and expenses (T&E), available standalone or bundled with other services.
Benefits of partnering with Ultimus
Maintain confidence with limited partners
Deliver accurate accounting and reporting that strengthens transparency and reinforces trust across your institutional investor base.
Reduce operational complexity
Coordinate partnership accounting, capital activity, and investor services within a technology-enabled structured model that simplifies day-to-day operations.
Support fundraising and platform expansion
Operate with a scalable administration model that supports new fund launches, capital raises, and expanding investor relationships.
Strengthen audit and control outcomes
Maintain disciplined processes aligned to audit expectations and regulatory requirements across your private equity platform.
Focus on investment strategy and execution
Reduce operational burden so you can focus on sourcing, managing, and expanding investments across your portfolio.
Technology as a force multiplier
Our technology is a powerful efficiency engine that empowers you, helping you gain real-time insight, respond faster, add value, and deliver better experiences for your investors.
Simplify complex private equity waterfalls
For private equity funds with complex carried interest and distribution structures, the Ultimus Connect Waterfall Engine supports precise modeling and transparent outcomes. Ultimus works with you to configure fund-specific terms, run scenarios, and deliver auditable results.
Give limited partners a centralized digital experience
Provide LPs with secure, centralized access to reporting and communications. Ultimus manages the portal with you, aligning access and delivery to your fund structure and investor needs.
Frequently asked questions
What types of private equity funds does Ultimus support?
Ultimus supports buyout funds, growth equity funds, secondary funds, fund of funds, co‑investment vehicles, continuation vehicles, and related structures.
How are capital calls and distributions managed?
Capital activity is supported through controlled, automated workflows designed to support accuracy, timeliness, and clear communication to investors.
How does Ultimus support partnership accounting?
Ultimus supports partnership accounting across commitments, allocations, and incentive structures using powerful technology and disciplined processes.
How will limited partners receive reporting?
Your LPs access reporting through the Ultimus ConnectTM Private Investor Portal, with on-demand visibility into capital activity, capital account statements, distribution notices, and tax documents.
Can private equity operations scale as assets and structures expand?
Yes. Service models are designed to scale as fund complexity, investor count, and assets under management increase.