Westwood Holdings Group Expands Relationship with Ultimus Fund Solutions
July 30 2024 - 8:20AM
Ultimus Fund Solutions® (Ultimus®), a leading independent provider
of full-service, technology-enhanced fund administration,
accounting, and investor solutions, is pleased to announce the
expansion of its longstanding partnership with Westwood Holdings
Group (Westwood) through the successful launch of two new actively
managed exchange-traded funds (ETFs). This launch marks a
significant milestone in the continuing evolution of Westwood's
investment offerings, reflecting a deepened collaboration that
leverages Ultimus' extensive infrastructure and fund administration
service offering.
Headquartered in Dallas, Texas, Westwood manages multiple
investment strategies tailored to institutional investors, private
wealth clients, and financial intermediaries. Recently, Westwood
expanded its offerings to include two new Active ETFs, reflecting
Westwood’s ongoing leadership in energy and infrastructure
investing with a commitment to providing innovative investment
tools, regardless of vehicle or wrapper to investors.
“As we continue to innovate and advance our solutions, our
partnership with Ultimus has been truly invaluable,” said Bill
Hardcastle, Managing Director, Strategic Planning and Program
Management. “With their robust support and experience with multiple
wrappers, we've successfully ventured into new markets and now
launched our first active ETFs. We’re excited about what’s ahead
and confident our ongoing collaboration with Ultimus will open even
more growth opportunities.”
In partnership with Ultimus, Westwood has successfully expanded
its investment offerings which include 14 mutual funds, two ETFs,
two private funds, and one private equity fund, showcasing a solid
commitment to providing diversified and innovative investment
solutions while utilizing Ultimus’ comprehensive back office
administration services and statutory distributor services.
"Our relationship with Westwood continues to grow stronger as we
provide integrated support across their product lineup," said Bill
Tomko, EVP, Head of Fund Servicing at Ultimus. "From mutual funds
to cutting-edge ETFs and private funds, our team has been committed
to empowering Westwood with tailored solutions that cater to their
particular strategic objectives. We look forward to deepening this
partnership and exploring new avenues for innovation together."
The new ETFs are part of Westwood’s broader strategy to
diversify investment wrappers and innovate within their investment
expertise, showcasing their ability to seek to adapt and thrive in
a competitive investment product landscape. Providing the necessary
infrastructure and expertise, Ultimus helped Westwood bring these
novel products to market and remains dedicated to fostering this
partnership and supporting Westwood’s forward-thinking approach to
asset management.
About UltimusUltimus Fund
Solutions (Ultimus) is a leading provider of full-service
tech-enhanced fund administration, accounting, middle office, and
investor solutions to support the servicing of registered funds,
alternative investment funds, such as interval and tender offer
funds, private funds, and public plans. The company also offers
customized structures designed for the unique needs of pensions,
endowments, foundations, and other large institutions. Ultimus’
service offering comes with a deep commitment to excellence,
achieved through continuous investments in both talent and
technology, with focus on a consultative approach and boutique
service culture.
Headquartered in Cincinnati, Ohio with offices in other major
cities such as Denver, New York, and Philadelphia, Ultimus employs
more than 1000 seasoned accountants, attorneys, paralegals,
application developers, fund administrators, compliance
specialists, and many others with years of experience in the
financial services industry. Servicing over 1,800 total traditional
and alternative funds, Ultimus helps investment managers and fund
families flourish in today’s increasingly sophisticated and dynamic
investment landscape. For more information,
visit www.ultimusfundsolutions.com.
To determine if the Funds are an appropriate investment
for you, carefully consider the Fund’s investment objectives, risk
factors, and charges and expenses before investing. This and other
information can be found in the Fund’s prospectus, which may be
obtained by calling 877.944.0755. Please read the prospectus
carefully before investing.
Westwood ETFs are distributed by Northern Lights Distributors,
LLC (member FINRA), Northern Lights Distributors and Westwood ETFs
(or Westwood Holdings Group, Inc.) are separate and
unaffiliated.
CONTACT: Marketing@UltimusFundSolutions.com
COD00000404 7/26/24