US EditionStone Point Capital Joins GTCR as an Investor in Ultimus Fund Solutions
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GTCR sells stake in Ultimus to Stone Point Capital
Stone Point Capital has partnered with GTCR to invest in Ultimus Fund Solutions, a fund administration services provider. GTCR Fund XIV and Stone Point-managed funds will recapitalise the business, providing full liquidity to GTCR Fund XII. Ultimus will continue to be led by CEO Gary Tenkman and the existing management team, who retain significant equity. Upon closing, GTCR and Stone Point will share equal governance. Terms were not disclosed. U…
Stone Point Capital Joins GTCR as an Investor in Ultimus Fund Solutions
CHICAGO and GREENWICH, Conn., April 23, 2025 /PRNewswire/ -- GTCR and Stone Point Capital LLC ("Stone Point"), both leading private equity firms, today announced that Stone Point has signed a definitive agreement to join GTCR as an investor in Ultimus…
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