Southeastern Asset Management Partners with Ultimus
Southeastern Asset Management, a renowned value investing firm, has made a significant decision to select Ultimus Fund Solutions as their enterprise-wide operations partner. This collaboration aims to enhance the management of their impressive portfolio, valued at nearly $5 billion, encompassing various investment vehicles.
Enhancing Operational Efficiency
In an era where financial management continues to evolve, the CEO of Southeastern, Ross Glotzbach, expressed enthusiasm about this partnership. He mentioned, "Our goal was to strengthen our operational capabilities, and Ultimus presented us with a well-rounded and respectable solution that aligns with our needs." The partnership is set to improve efficiencies, allowing Southeastern to concentrate on achieving absolute returns and providing personalized services to their clients.
The Role of Ultimus in Portfolio Management
Ultimus offers a comprehensive framework to handle all middle-office operations, which includes trade settlement and performance reporting. This integration aims to facilitate a seamless management flow across Southeastern's investment platforms such as registered mutual funds and institutional separately managed accounts.
Real-Time Access to Data
A standout feature of Ultimus' service is the provision of a "golden copy" of Southeastern's security and reference data. This unique arrangement allows the firm to access real-time data across its various investment structures, significantly improving decision-making processes. Professionals at Southeastern can leverage the uANALYZE® platform for detailed analysis, enhancing their portfolio monitoring capabilities.
Acknowledgment from Ultimus Leadership
Gary Tenkman, the CEO of Ultimus, expressed excitement about this collaboration. He stated that supporting Southeastern Asset Management in consolidating their services reflects Ultimus’ dedication to providing versatile solutions catering to evolving client needs. Tenkman looks forward to contributing to the growth and success of Southeastern in the foreseeable future.
About Ultimus Fund Solutions
Ultimus Fund Solutions stands as a premier provider of comprehensive, technology-driven fund administration, accounting, and investor services. They excel in supporting a wide array of funds including registered, private, and alternative investment funds. Their tailored offerings cater to the unique requirements of institutions such as pensions, endowments, and foundations.
Commitment to Excellence
With a focus on excellence, Ultimus continually invests in technology and talent, embodying a consultative approach toward service delivery. Located in Cincinnati with offices across key cities, Ultimus employs over 1,000 professionals, comprising accountants, attorneys, and compliance experts, all of whom bring extensive experience in the financial services sector.
Supporting Investment Managers
Ultimus proudly supports over 1,800 traditional and alternative funds, providing investment managers and fund families with the tools necessary to thrive in an increasingly complex investment environment.
Frequently Asked Questions
What services will Ultimus provide to Southeastern?
Ultimus will deliver middle- and back-office services for Southeastern's mutual funds, private funds, and SMA portfolios.
How does Ultimus enhance operational efficiency?
By providing a unified framework across all middle office functions, Ultimus streamlines management processes for Southeastern.
What is the significance of the "golden copy" data?
This feature ensures Southeastern has a reliable, real-time data source for better decision-making across various investment structures.
Who is the CEO of Southeastern Asset Management?
Ross Glotzbach is the CEO and Head of Research at Southeastern Asset Management.
What is the main focus of Ultimus Fund Solutions?
Ultimus focuses on providing full-service fund administration and accounting solutions tailored to various financial institutions and investment managers.
