Stone Point Capital to invest in Ultimus Fund Solutions.

Stone Point Capital, a private equity firm, agreed to invest in Ultimus Fund Solutions, a provider of fund administration services and solutions to investment advisors. Financial terms were not disclosed. "Ultimus has established itself as the preferred partner for fund managers across asset classes and vehicle structures looking for a high quality, independent provider with excellent technology and service quality. We look forward to partnering with the well-recognized financial services specialists at Stone Point and continuing to work with Gary Tenkman and the Ultimus management team to execute on the Company's next phase of growth," Collin Roche, GTCR Co-CEO and Managing Director.