Ultimus appoints Senior VP of Business Development
Independent fund servicing provider Ultimus Fund Solutions (Ultimus) has appointed Nickolaus Darsch as Senior Vice President of Business Development.
In this role, Darsch will be responsible for building and strengthening strategic relationships with investment managers that can benefit from the Ultimus offering.
Darsch will focus on aligning the Ultimus suite of services to meet the needs of registered fund sponsors, primarily in the range of USD5 billion and USD50 billion in assets under management. In addition, he will help Ultimus further cultivate its relationships with the community of consultants, audit and legal firms, and other centers of influence that work with fund sponsors.
"Nick has a great deal of experience working with larger fund sponsors, finding solutions that help them meet their goals," says Gary Tenkman (pictured), CEO of Ultimus. "We remain committed to the ongoing growth of our business in size and scale, and Nick's understanding of larger managers' needs and pain points will enable us to tailor solutions to their requirements."
Darsch previously held sales, strategic relationship management, product, and research positions at SS&C Technologies, including predecessor firms DST Systems, ALPS, and Boston Financial Data Services. He was named a "Rising Star" in the asset management industry by Fund Directions in 2016. Darsch received his MBA from the McCallum Graduate School of Business at Bentley University, and obtained his Bachelor of Science in Economics and Finance from Bentley University.
Ultimus offers a broad range of scalable, institutional-quality services for investment managers which are designed to help reduce the cost of ownership. During the last three-plus years, Ultimus converted 18 fund families, representing over USD25 billion in assets under management. For more information, please visit https://www.ultimusfundsolutions.com/services/.
"The landscape for service providers has continued to change and Ultimus has been very successful in bringing on numerous clients in the past few years. Nick's industry knowledge, experience and relationships will accelerate our growth in this area, and we are excited to have him join us," says Gary Harris, Executive VP and Director of Business Development at Ultimus. "His appointment reinforces our mission to deliver client-centric, institutional quality solutions that empower investment managers to grow their business."