LLR Pumps Growth Capital into Ultimus Fund Solutions
June 19, 2012
Ultimus Fund Solutions, a service provider for the mutual fund industry, has received a growth capital investment from LLR Partners. Bob Dorsey and Mark Seger, the co-founders and managing directors of Ultimus, will retain control of the company and deploy the new capital to expand operations. The company will appoint several new board members as part of the deal, including a partner from LLR.