Jack Phinney No Comments

Convergence Insight #30 – Ultimus Fund Solutions Post-Merger with Gemini Fund Services

On November 19th, 2018 Private Equity Firm GTCR separately acquired Ultimus Fund Solutions (Ultimus) and Gemini Fund Services (Gemini), which will operate as Ultimus Fund Solutions (Ultimus). Convergence created a “pro-forma” view of the Private Assets and Funds of the combined firm.

Check out the latest Convergence Insight to see how our 2018 forecast stacks up against the year-to-date activity!

[pdf-embedder url=”https://convergenceinc.com/wp-content/uploads/2018/11/Convergence-Insight-30-Ultimus-Gemini-Merger-1.pdf” title=”Convergence Insight #30 Ultimus-Gemini Merger”]

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Jack Phinney No Comments

Convergence Insight #29 – Capital Flows into Alternative Asset Funds Q3 2018

In Q3 2018 YTD, Capital raised by new and existing issuers totaled $940.9BN, down 4% from Q3 2017 YTD levels. New and existing fund issuers raised $311.0BN and $629.8BN, respectively, with Hedge Funds up 40%, Private Equity down 8%, Venture Capital down 2% and Other Funds down 28%.

Check out the latest Convergence Insight to see how our 2018 forecast stacks up against the year-to-date activity!

[pdf-embedder url=”https://convergenceinc.com/wp-content/uploads/2018/10/Convergence-Insight-29_Capital-Flows-into-Alternative-Asset-Funds-Q3-2018.pdf”]

Download here