NAV Fund Administration Group Establishes New Mauritius Location

NAV Fund Administration Group, a leading provider of fund administration services to alternative asset managers, has launched NAV (Mauritius) Ltd, a new business entity in Mauritius.

"In the last few years Mauritius has established itself as an International Financial Centre (IFC) of excellence. Along with its ongoing positive achievements in corporate governance, Mauritius is attractive for both launching and administration of private equity funds," said Deepak Middha, NAV VP – Fund Accounting. "We look forward to introducing NAV's flexible administration solutions to new clients in Mauritius, backed by a team of 2,250 professionals and award-winning proprietary technology designed to support nearly every fund structure and asset class traded."

The Mauritius regulating body, Financial Services Commission, granted a Management Licence in early July, authorizing NAV (Mauritius) Ltd to operate as a Managed Corporate Service Provider and to provide management and administrative services to Global Business Companies such as Funds, Trusts and Authorised Companies domiciled in Mauritius, including corporate secretary functions.

Beyond fund administration, NAV will also offer services to other companies and trusts. "Mauritius is a jurisdiction ideally positioned for the comprehensive range of services, industry expertise, responsive client support, and competitive fee structure that NAV offers," said Madhusudan Mittal, NAV AVP – Fund Accounting.

NAV (Mauritius) Ltd is based at 12th Floor, Standard Chartered Tower; 19, Cybercity, Ebene; Mauritius. For more information or to discuss available services, email Madhusudan Mittal at madhusudan.mittal@navconsulting.net, or call +1 630.954.1919. Learn more about NAV: https://www.navconsulting.net