Fund Administration for Emerging Managers


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Ranked #1 Fund Administrator for Small/Start-up Funds, NAV offers full-service fund administration for emerging managers at a highly competitive price. NAV is an ideal Partner for new investment managers, offering all the tools and professional support needed to successfully direct and grow hedge funds or managed accounts. View Services >

Can I grow with NAV?

Yes. NAV expertly services diverse clients with total holdings from less than $1 million to more than $10 billion. Our institutional level infrastructure enables clients to scale with NAV as their assets, investor base, and needs grow.

Are services different for small emerging managers?

Unlike other administrators, we provide full-service fund administration to all clients, regardless of size. Each emerging manager is partnered with a person account manager in our Chicago office and benefits from complete fund administration, investor services, and compliance support.

Does NAV require a minimum asset size?

No. We work with Funds and Managed Accounts of any size. More than 60% of our clients began as new launches with less than $20 million AUM.

How are NAV services so cost-effective?

NAV is privately-owned with no month-to-month capital requirements. Our proprietary technology is developed in-house with a highly qualified IT team, avoiding expensive software licensing and maintenance fees. Unlike other administrators, we don’t add on unnecessary extra fees including, set-up fees or transaction process fees.
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Emerging Managers Fund Services

  • Daily, Weekly, Monthly, Quarterly or Inter-Period NAVs
  • Three-Way Trade & Position Reconciliation
  • Calculation of fund performance (daily, monthly, year to date, and since inception)
  • Independent Portfolio Pricing
  • Management & Performance Fee Calculation
  • Income/ Expense Allocations to Investors
  • Cash Reconciliation
  • Daily Trade Break Reporting
  • Partnership, Multi-Series, and Equalization Accounting
  • Performance, exposure and custom reporting
  • Secure online portal access to accounting packages, reporting, and interactive data tools
  • Complete Audit Support
  • Process Subscriptions and Redemptions
  • Investor Due Diligence (AML, KYC, OFAC, ERISA)
  • Secure Investor Reporting & Investor Web Portal
  • Direct Transaction Confirmations
  • US FATCA, UK FATCA & CRS Compliance
  • SEC Form PF
  • NFA/CFTC Reporting and Audit Support
  • OPERA Reporting
  • Cash Management via dual-controlled wire processing
  • Client Web Portal with Data Mining, Custom Reports, and Advanced Risk Reporting
  • Corporate Action Processing
  • Data transfer to third party custodians and risk reporting systems
  • GAAP and IFRS Reporting
  • Computation of financial highlights
  • Preparation of footnotes to financial statements
  • Prepare and file of US Partnership Federal tax return and state returns
  • Prepare and distribute Investor’s Schedules K - 1
  • Provide quarterly and year-end tax estimates to investors
  • Calculate and arrange payment of foreign partner withholding and file Form 1042,1042 - S,1042 - T for foreign investors
  • Responding to notices from Internal Revenue Service and states tax authorities on behalf of client
  • Prepare and file Composite State Returns
  • Prepare and File Foreign Bank Account Reports(FinCEN 114)
  • Prepare PFIC Annual Information Statements
  • Prepare and file 1099 - MISC Forms

PROOF OF CONCEPT

NAV offers a complimentary, risk-free trial

Making the decision to transition to a new fund administrator often raises concerns about disruption, security, and added costs. NAV eliminates those concerns with our unique Proof of Concept program, offering the opportunity to existing funds that qualify to fully trial NAV services with minimal risk and maximum upside.

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Awards & Recognition

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