Ultimus Fund Solutions, the U.S.-based independent administrator, has appointed Ned Siegel as senior vice president of business development within Ultimus LeverPoint, its alternative fund administration business. Based in Boston, Siegel will be part of a team responsible for growth of the firm’s private fund administration services. Prior to joining Ultimus, Siegel’s most recent role with BNY Mellon was director of business development within the alternative investment services group. Before joining BNY Mellon in 2015, Siegel worked at State Street, including a stint as head of North American sales for the alternative investment solutions segment, focused on private equity and real estate administration services.