Fund Administration for Fund of Funds

NAV offers the depth of experience and flexible proprietary technology required to provide comprehensive Fund of Funds administrator services. Offering full administrative support, overall FOF status, and data for each unique fund, the highly qualified NAV team enables Fund Managers to focus on decision-making and the core business of investment strategy.

  • Daily, Weekly, Monthly, Quarterly or Inter - Period NAVs
  • Calculation of fund performance(daily, monthly, year to date, and since inception)
  • Management & Performance Fee Calculation
  • Income / Expense Allocations to Investors
  • Cash Reconciliation
  • Partnership, Multi - Series, and Equalization Accounting
  • 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
  • OPERA Reporting
  • SEC Form PF
  • Cash Management via dual-controlled wire processing
  • Create and maintain waterfall models; realized and unrealized
  • Preparation of cash disbursements and receipts for FOF's
  • Recording of unrealized G / L on Investments
  • Prepare carried interest calculations
  • Calculation of Investment IRR
  • Maintaining complete Ledger for FOF investment
  • Locking period and documents management of underlying Investment funds
  • Verification of Fee charged by FOF's
  • Tracking of FoF's by Strategy or Sub-Strategy
  • PERA Report(Private Equity Return Analysis)
  • Complete Support for investor due diligence and onsite visits
  • 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
  • Zero setup or transition fees
  • Unlimited logins to web portal for the fund and investors
  • No additional AML/KYC fees per investor
  • Audit support included


NAV offers a complimentary, risk-free trial for existing hedge and private equity funds that qualify.