Key Takeaways
- • Ultimus Fund Solutions earned the highest overall score of any provider in Global Custodian's 2026 Private Equity Fund Administration (PEFA) Survey, with an overall rating of 6.70 against a global average of 6.02.
- • Ultimus received a perfect 7.00 in onboarding, one of only three perfect onboarding-category scores awarded across the survey this year.
- • Ultimus scored above the global average in all 11 service categories and posted at least 6.67 in every category.
- • The result marks the sixth consecutive year Ultimus' private equity administration business has been recognized in the survey.
- • Ratings come directly from general partners and limited partners, who scored administrators on a seven-point scale.
Summary
Ultimus Fund Solutions, an independent provider of fund administration and investor services for alternative asset managers, announced on October 6, 2026 that it ranked first overall in Global Custodian's 2026 Private Equity Fund Administration (PEFA) Survey. The firm received an overall score of 6.70, compared with a global average of 6.02 across providers surveyed.
The annual survey collects feedback from general partners and limited partners, who rate their fund administrators across 11 service categories on a seven-point scale. According to Ultimus, the firm scored above the global average in every category and recorded the highest overall score of any provider in this year's survey. Its perfect 7.00 in onboarding was one of only three perfect scores in that category across the survey, and it scored 6.67 or higher in all other categories. The 2026 result marks the sixth consecutive year the firm's private equity administration business has been recognized in the survey.
Kelly Ramsey Gooch, Executive Vice President and Head of Implementation at Ultimus Fund Solutions, said the results reflect client feedback on both the implementation process and the ongoing support provided across the fund lifecycle. Jay Martin, President of Private Fund Solutions at Ultimus, said private equity managers are seeking deeper reporting, faster turnaround times and technology that keeps pace with fund operations, and that the results demonstrate the firm's commitment to meeting those expectations.
Note that these figures are as reported by Ultimus in its press release; the survey results were not independently detailed in the source material beyond the company's disclosures.
The annual survey collects feedback from general partners and limited partners, who rate their fund administrators across 11 service categories on a seven-point scale. According to Ultimus, the firm scored above the global average in every category and recorded the highest overall score of any provider in this year's survey. Its perfect 7.00 in onboarding was one of only three perfect scores in that category across the survey, and it scored 6.67 or higher in all other categories. The 2026 result marks the sixth consecutive year the firm's private equity administration business has been recognized in the survey.
Kelly Ramsey Gooch, Executive Vice President and Head of Implementation at Ultimus Fund Solutions, said the results reflect client feedback on both the implementation process and the ongoing support provided across the fund lifecycle. Jay Martin, President of Private Fund Solutions at Ultimus, said private equity managers are seeking deeper reporting, faster turnaround times and technology that keeps pace with fund operations, and that the results demonstrate the firm's commitment to meeting those expectations.
Note that these figures are as reported by Ultimus in its press release; the survey results were not independently detailed in the source material beyond the company's disclosures.
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