Ultimus Fund Solutions has completed the final phase of a conversion of 49 hedge and private equity funds for SCS Financial to the Ultimus operating framework. SCS, a wealth and investment firm serving UHNW families with USD54bn AuM and advisement, initially partnered with Ultimus two years ago to design a new scalable operating model to support all aspects of SCS’s growing suite of funds. Following the initial conversion of funds from another provider, SCS gave Ultimus a second mandate to consolidate the balance of its funds.
