Closed-End Funds

An expert service team backed by powerful technology

NAV's expertise in real estate, private equity, venture capital, and private credit allows you to flexibly scale your resources while gaining efficiency from enhanced reporting and streamlined operations

Close End Funds Hero
TRUSTED BY 2,300+ CLIENTS
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Managed Capital Call and
Distribution Processing

Calculations
Calculations

Our experienced staff accurately calculates calls and distributions at a granular level using flexible allocation methodologies per manager preference

Call and Distribution Letters
Call and Distribution Letters

The NAV system generates notices for manager review in fund-specified templates with customization options by investor, class, or advisor

Investor Communications
Investor Communications

Customized and automated delivery via email, NAV Portal, third-party systems, or combined custodian/RIA reporting

Receivable Payable Status
Receivable/Payable Status

Tracking of payment status on a daily basis with a running receivable/payable ledger by investor

Delinquency Reporting
Delinquency Reporting

Notifications to managers about investors who have yet to fund their calls

Payment Processing
Payment Processing

Wire and ACH setups for distributions, including combined wires at the custodian level

Comprehensive Reporting

Comprehensive Reporting

  • Automated carried interest and American/European waterfall calculation algorithms
  • Tracking of the entire underlying investment lifecycle including deal documents, photos, investment description, funded status, calls, distributions, cost, gain/loss, current value, performance, and exit date
  • Quarterly financials such as statement of assets and liabilities, statement of operations, cash flow, and schedule of investments
  • Look-through reporting of SPVs, passthrough entities, and joint ventures with the ability to see investment-level information at the fund level
Flexible Third-Party Reporting

Flexible Third-Party Reporting

  • Investors and underlying account holders are tagged with external identifiers to streamline information flow to manager or third-party systems
  • Financial advisors, RIAs, broker dealers, and custodians are mapped at the investor level to support consolidated reporting to each respective counter party
  • Data files are transmitted to any required third parties including DTCC, DST FAN MailTM, and custodians
TECHNOLOGY

Proprietary NAV Platform

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E-Subscription

Manage your investor onboarding pipeline, inviting prospective investors to complete dynamic digital forms that utilize smart conditional logic to personalize questions based on the investor profile or from prior transactions
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Customizable Investor Portal

White-label the user-friendly NAV Portal to enhance your fund's branding and offer investors secure web and app access to all their investments, including unlimited logins with customizable permissions at no additional cost
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Mobile App

Experience the full desktop portal through our mobile app with secure multifactor or passwordless (biometric/passkey) authentication, offering you and your investors maximum flexibility
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Document Repository

Share documents with state-of-the-art security controls, including the ability to block downloads, add watermarking, and track report access audit logs
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Data Room

Professionally market your fund to prospective investors using pre-designed or fully customizable templates that can be published with a secure document repository and access logs
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API Gateway

Programmatically pull granular data from a variety of NAV REST API endpoints to securely ingest into your data warehouse or third-party systems
Project Studio

Project Studio

Collaborate with NAV, your internal team, and outside service providers to track projects, assign tasks with due dates, escalate delays, and improve transparency and efficiency for complex projects such as audit and tax work
CLIENT STORY (KAIN CAPITAL)

Complex Calculation Methodology and Custom Reporting Fulfill Unique Needs for Diverse Fund Portfolio

"NAV's robust fund accounting system can handle multiple structure funds and produce detailed reports. The structure of each of our 16 funds is unique, and NAV is professionally equipped to handle all of them. NAV has been more than an admin for us and helped in every step of our journey, which would have been much tougher without their support."

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D. Bret CummingsCFO & COO, Kain Capital

Closed-End Fund Services

testimonials

What Our Clients Say

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Headshot ImageWhen I was launching my new private equity fund, my team extensively researched fund administrators and we kept getting referred to NAV Fund Administration. We did our due diligence and ultimately selected NAV. Their service is outstanding, the reporting is fast and accurate, and their technology is developed in-house, which minimizes monthly fees. As a client, I now know why so many other funds referred us to NAV.

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Kevin O’Leary

Chairman
O'Leary Ventures
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Headshot ImageI have used NAV for my administration needs since the 2012 launch of Baleen Capital, a hybrid investment fund with both public and private investments. They provide excellent service, the team is responsive, and most importantly, they know what they are doing. Whenever there has been a discrepancy between their numbers and mine, NAV has been right. I am incredibly pleased with my choice to go with NAV and would highly recommend them.

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Fang Li

Managing Partner
Baleen Capital
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Headshot ImageNAV's tax services deliver outstanding benefits to Tailor Ridge and our investors. At an operational level, the NAV team expertly managed the complexities of required state income tax withholdings at both the fund and LP levels. This was absolutely key before we were able to launch our sub-REIT in 2022. On a functional level, our investors have received their K-1s by March 15 every year of our relationship with NAV. That shouldn't be remarkable, but in our past experience it has been a challenge, and that reliable performance has been a real plus for investor relations. Based on our history with prior firms, we've found NAV to be a consistently excellent partner at a value that's hard to beat.

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Chris Johnson

Managing Partner
Tailor Ridge Capital Management
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Headshot ImageNAV has been a valuable partner to our firm in navigating the fund of funds process and best practices. Our NAV account manager and back office team are readily available to share their knowledge and expertise as new questions and challenges arise. In addition to the accounting and reporting packages, investor communication dissemination, and other standard undertakings, we have also been appreciative of other support they have been able to provide such as audit and Form PF support. We have been pleased with our decision to select NAV as our administrator.

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Grady J. Gaynor

President
Indie Asset Partners
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NAV Fund Administration has been an important partner to Three Bell Capital with respect to the administration of our diverse fund of funds platform encompassing both hedge- and private equity-style funds. The NAV team has been instrumental in supporting our internal operations team with fund accounting, investor capital account activity, AML compliance and reporting, and other functions.  We value our relationship with NAV and look forward to growing our business with them.

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Greg Fomin, JD

Chief Operating Officer
Three Bell Capital
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It has been a pleasure to work with NAV. Their expertise and commitment have ensured smooth and efficient reporting to our partners. NAV consistently demonstrates professionalism by meeting deadlines and ensuring that all tasks are executed promptly and accurately. I highly recommend NAV to any organization seeking real estate fund administration services.

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Brian J. Kaukas

Vice President
FHR Capital
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Headshot ImageWe're very thankful for our partnership with NAV Fund Administration Group. They have served very well as the fund administrator for our private equity fund. Their timely communication, attention to detail, and helpful service have been a huge benefit to us and our investors. NAV is a trusted partner, adding value and fostering long-term success for our fund stakeholders.

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Andrew Barlow

Managing Partner
HIS Kingdom Resources
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Headshot ImageWe consider NAV to be a top-tier fund administrator, specifically in the crypto VC space. They are an essential partner in our mission to invest in top-tier crypto companies while navigating the operational and regulatory complexities that come along with this rapidly-changing space. We rely heavily on their global team's expertise and internal systems to ensure our reporting is correct and timely for our investors. We are pleased to be growing our business alongside them.

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Rachel Aldrich

COO
Lattice Capital
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Headshot ImageWe have worked with NAV for more than five years. We have been very impressed with the quality of work NAV provides and their speed at helping us resolve any issues. I would recommend NAV to anyone that is looking for an excellent fund administrator.

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Dylan Nielson

Director of Trading & Operations, Chief Compliance Officer
Adams Wealth Advisors
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Latest News

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