Ultimus Fund Solutions Appoints SVP of Business Development

Ultimus Fund Solutions, an independent provider of fund administration, accounting, and investor services, announced that Steve Scaringe was appointed as senior vice president, business development.

In this role, Ultimus says Scaringe will focus on providing enterprise-wide service solutions to institutional investment managers. Scaringe’s strategic selling experience along with deep relationships with institutional investment professionals establishes him as an integral component in the firm’s continuous momentum in growth.

The company says Scaringe has experience in “creating and maintaining essential relationships with investment managers, centers of influence and other C-suite executives.” His history includes working for J.P. Morgan and, most recently, State Street Corporation. His background in understanding and developing enterprise level solutions will play a fundamental role in assisting asset managers with optimizing their middle and back-office operations and helping them to reach their strategic investment goals, says Ultimus.

“Steve is extremely talented in his understanding of this space, and his unique skillset from a strategic selling standpoint makes him a valuable asset to the firm’s goal of creating tailored solutions leveraging our innovative technology platform to deliver high quality services,” Ultimus chief executive officer, Gary Tenkman, said. “His ability to build and manage strategic partnerships will ensure that our clients continue receiving the customized service we are known to deliver. I’m anxious to see Steve jump right in and contribute to helping drive long-term success for both Ultimus and our clients.”

Scaringe earned a bachelor’s degree in corporate finance and accounting from Bentley University and a master’s degree in economics and management from Bentley University McCallum Graduate School of Business.

Ultimus Fund Solutions provides full-service fund administration, accounting, middle office, and investor services to support the launch and servicing of registered funds, private funds, and public plans. The company also offers structures designed for pensions, endowments, foundations, and other large institutions. The firm services more than 1,800 traditional and alternative funds.

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