GTCR-backed Ultimus Fund Solutions completed its acquisition of LeverPoint Management.

GTCR-backed Ultimus Fund Solutions, a provider of fund administration, accounting and investor solutions to traditional and alternative fund managers, completed its acquisition of LeverPoint Management, a provider of full-service fund administration, accounting, tax and back office support services. Financial terms were not disclosed. "We're thrilled to join forces with LeverPoint and look forward to working together to continue to build on our shared reputation for high-quality client service. Together, Ultimus and LeverPoint represent a leading independent and integrated fund solutions platform for both registered and alternative fund managers. Ultimus' leading position is unique in the marketplace and allows it to better service managers of all sizes and asset types," Gary Tenkman, Ultimus CEO.