Galapagos Selects Ultimus For Fund Admin Services

Galapagos Partners, a U.S. investment advisory firm, has chosen Ultimus Fund Solutions to deliver fund administration services for their recently launched domestic equity mutual fund.
By Amy Saul(2147489671)
Galapagos Partners, a U.S. investment advisory firm, has chosen Ultimus Fund Solutions to deliver fund administration services for their recently launched domestic equity mutual fund.

Galapagos launched the fund through the Ultimus Managers Trust, as it looks to extend its investment strategy to external assets.

“We have seen more and more investment managers launching mutual funds as a way to gain operational efficiencies and new distribution opportunities and the multi-family office space is the next logical place for the trend to take hold,” says Bob Dorsey, co-founder and managing director at Ultimus.

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