Alambic Investment Management (Alambic) has chosen Ultimus Fund Solutions to provide fund administration services for the firm’s first mutual fund, a small cap value fund.
Based in San Francisco, Alambic intends to utilise the Ultimus Managers Trust platform to gain operational efficiencies and expand its product offering to a broader base of investors. Alambic previously employed its systematic investment strategy solely in an alternative strategy, and will use elements of that systematic strategy in constructing and managing the mutual fund portfolio. Alambic is the latest alternative manager to select Ultimus for administration, fund accounting, transfer agency, compliance and distribution services through the Ultimus Managers Trust, solidifying Ultimus as a leader in the series trust arena.
As part of the relationship, Ultimus is helping craft a customised product design to support Alambic’s business goals. Alambic selected Ultimus after a national search, citing the firm’s strategic expertise and consultative approach to the design and launch of the fund as major factors.
“Alambic's investment strategy is driven by deep data evaluation expertise and with that approach comes unique operational and product design considerations that have to be thought through in the planning process,” says Dave Carson (pictured), President of Ultimus Managers Trust. “Our approach created a foundation that will be strong today and in the future, as Alambic executes on its growth plans. We're excited to help Alambic achieve its business goals.”
“It was evident early in the process that Ultimus wasn't only looking at the fund in the present, they were thinking about what will be relevant tomorrow and five years from now,” says Bert Richards, CEO of Alambic Investment Management. “They clearly understand where we want to go with our business and how to design the fund most effectively to get there. We’re excited to see how our fund grows, and happy to have Ultimus as a partner.”
