NAV INSIGHT

Hedgeweek: Contributing to growth in Gibraltar

When the Gibraltar Financial Services Commission (GFSC) approved NAV Fund Services (Cayman) Ltd. to act as an external fund administrator for Experienced Investor Funds (EIFs) domiciled in Gibraltar in October 2021, NAV became only the ninth external fund administrator operating in Gibraltar under GFSC consent.

Selecting a Fund Administrator

Selecting a fund administrator is one of the first and most important decisions you’ll make as a fund manager. It is critical to get it right because your administrator will handle a multitude of key functions including valuing your fund, fund accounting, financial statement preparation, investor and audit support.

Transitioning to NAV from another administrator

NAV Senior VP Sam Crispino has heard it all. Fund managers who ﬁnd themselves on the receiving end of less than satisfactory service, or see their admin costs going up with little or no explanation, or suspect they could be getting better services at a lower cost elsewhere.

Client Testimonials

"In our 20 years with NAV, they have delivered excellent support with responsive, timely and accurate services. We especially appreciate their high touch, dedicated professionalism and ability to customize solutions for our firm. As our business has grown and evolved in complexity, NAV has always been ahead of the curve in providing answers and advice. In terms of cost, NAV fees have always been fair and in terms of quality, NAV is superior."

SEAN DOYLE, DOYLE FUND MANAGEMENT

"I could not be happier with NAV as an administrator for our fund. Their work is timely and accurate and they have the systems and controls in place to let me sleep soundly at night. To top it off, their services are priced competitively such that even small scale emerging managers can provide an institutional quality product to investors."

MICHAEL J. LEE, HYPOTENUSE CAPITAL MANAGEMENT

“Having a dedicated hands-on administrator with the ability to customize reporting both internally and externally has helped us realize efficiencies across both our back and front offices. The knowledge, experience, and support of the NAV Fund Administration Group is an asset to our firm because they allow us to focus on our investor client base without distractions."

JASON GILBOY, GLL INVESTORS LLC

“As our firm has grown, NAV has seamlessly adapted to our increased operational and regulatory needs through customization of their technological, administration and reporting systems. In our opinion, their fund administration services are excellent and we look forward to continuing this great relationship."

SCOTT BARNES, FORT LP

“We employ strategies that require NAV to handle high transaction volume and maintain a very diverse set of securities. NAV has also created innovative technology to deliver customized daily reports, allowing us to manage our business more efficiently. NAV has been a key service provider and valuable extension of our back office operations."

ERIC P. CRESSMAN, T2AM LLC

VIEW OUR CLIENT TESTIMONIALS