Fund Accounting

Curated fund accounting services

Integrating an experienced team and proven proprietary technology, our award-winning services promote precision, speed, and flexibility for complex strategies and fund structures

Client Services

Client Services

  • Your dedicated NAV team will have an average of 15+ years of experience in fund administration and 10+ years of experience with NAV
  • 75% of our accounting professionals are qualified CPA, CA, CFA, and MBA
  • We offer multiple communication channels to contact your NAV account representatives including group chat, a direct phone number, and a dedicated email address
  • You can expect prompt, reliable responses — including after business hours, weekends, and holidays
  • NAV works directly with your auditor as the primary resource for year-end audits — answering questions, providing all needed data, and handling the day-to-day communication
  • Leverage our expertise and accessibility for problem-solving, bespoke projects, or ad hoc support
NAV Calculation Services

NAV Calculation Services

  • Calculate performance for any period including since inception for multiple metrics, including ROR, IRR, MOIC, annualized yield, and Sharpe/Sortino ratios
  • Manage operating expense schedule
  • Strike daily, weekly, monthly, quarterly, annual, or subperiod NAVs
  • Create customizable tags for general ledger accounts
Allocation Services

Allocation Services

  • Allocate income and expenses, including the ability to customize allocation methodologies for specific investors
  • Utilize configurable provisions to automatically calculate complex fee setups, including management fees, incentive fees, preferred returns, and waterfall structures
  • Prorate new issue income to applicable investors
  • Produce official investor capital account statements, capital call and distribution letters, and contract notes
Portfolio Accounting Services

Portfolio Accounting Services

  • Perform automated daily three-way trade and position reconciliations
  • Report tax lot-level realized and unrealized gain/loss across different methodologies, such as FIFO and LIFO
  • Produce portfolio valuation using third-party independent pricing feeds
  • Evaluate corporate action impacts on fund positions independently
  • Utilize algorithms to generate interest, dividend, and loan calculations
  • Calculate and report broker and bank cash reconciliations
Investor Services

Investor Services

  • Process subscriptions, additions, redemptions, capital calls, and distributions
  • Transfer and assign interest
  • Calculate complex gate redemptions
  • Support tranche, multi-class, multi-series, multi-currency, and unitized accounting
Common Reporting Platform

NAV Common Reporting Platform

  • Daily reporting is delivered by 6:30 AM ET of the next business day and official NAV within 2 working days of period end for ~80% of funds
  • Curated collection of 500+ standard report templates developed through our experience with diverse client strategies and structures
  • Our team can quickly create custom templates for bespoke reports or ad hoc requirements
  • Generate reports with different levels of data across configurable date ranges
  • Specialized reporting or data files for investors, counterparties, RIAs, broker-dealers, custodians, or third-party systems like DTCC
  • Reports to support auditor requests
testimonials

What Our Clients Say

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We recognize the challenges that come with managing the intricate details of our funds. The NAV team's proactive approach, attention to detail in trade reconciliation, portfolio valuation, precision in fee calculations, quick response time, and timely report delivery reflects a high level of technical expertise and dedication. Their commitment to implementing cutting-edge technology solutions, adeptness in accommodating our dynamic requirements, and tailored reporting preferences are commendable.

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Chris Scarlata

Chief Operating and Financial Officer
New Holland Capital
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NAV has been a great partner over the years. Their technology and client-focused approach have helped us scale and grow our business by being flexible and responsive to most any request we make. NAV has demonstrated expertise to handle the complexities generated by the large volume of managers on our platform and accurately calculate profit allocations and complex fee structures. NAV’s comprehensive reporting has enabled us to enhance our analytical capabilities and operational efficiency. Their unique ability to support our sophisticated structure has made them a valuable component of our strategic roadmap.

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Scott Levin

Chief Financial Officer
Efficient 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 Group continues to both meet and exceed our expectations. Beyond the scope of agreed upon administration and reporting, NAV is always available to provide that next level of service. Regardless of whether we reach out with a question regarding reporting-related impacts resulting from regulatory updates or client inquiries related to new or existing accounts, NAV’s response is always timely, thoughtful, and informative.  We appreciate the partnership with NAV and without hesitation recommend NAV as a trusted and valued service provider.

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Jennifer C. Gooch

Head of Business Finance and Operations
AlphaSimplex Group
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What sets NAV apart is their exceptional service, unwavering reliability, and advanced technology. From start to finish, they demonstrate unparalleled dedication to delivering quality results. They are a truly reliable, top-notch team and a pleasure to work with. Their extensive industry knowledge and proficiency have been instrumental in fostering the success of our business relationship. It's rare to find a team so dependable and consistent in their pursuits of excellence.

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Stephen Kandel

Vice President and Controller
Crabel Capital Management
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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 ImageI’ve had the pleasure of working with NAV for several years and I have been very pleased with their proficiency in all aspects. From start to finish, NAV has demonstrated unparalleled expertise, professionalism, and commitment to excellence. The team at NAV are not only knowledgeable, but also take the time to thoroughly understand our unique business needs. Their tailored approach and attention to detail ensure that the solutions provided are effective and perfectly align with our goals.

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Ross Norcom

Operations Manager
NorCap Investment Management
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Headshot ImageWe’ve had the great pleasure of working with NAV. After previously experiencing headaches and roadblocks with prior administrators due to the complexity and volume of on-chain and cross-chain/exchange transactions, NAV was able to timely, accurately, and completely manage our reporting requirements from both fund and portfolio levels. Having existed in the digital asset space, especially in the DeFi trading side, we can confidently say that NAV was the only group capable of handling our business and its needs. We strongly recommend NAV to any fund, especially ones with voluminous and complex on-chain transactions.

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Kevin Crowley

Chief Financial Officer
Manifold Capital Partners
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NAV has been a great partner for Ambrus. We are very selective when choosing service providers since we realize that moving fast requires partners that have a high level of dedication and expertise. NAV has helped us grow rapidly with their expertise in fund administration and with proactive and timely service. I would highly recommend NAV as a fund administrator.

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Sal Abbasi

Managing Partner
Ambrus Group
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NAV has been an excellent partner throughout our business relationship. The team is very adept at navigating and understanding the emerging asset class in which our business operates, providing accurate, diligent, and timely service. We look forward to building upon this crucial relationship for years to come.

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Nick Kracov

Co-PM
Molecule Ventures
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We feel fortunate to have NAV as the administrator of e360 Power Funds. The reporting is accurate, timely, and fully compliant with the regulatory requirements. Their audit, AML, and investor service teams are responsive, accurate, and thorough.

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Wanda Potts

Director of Finance and Compliance
e360 Power
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Since launching our fund in December 2021, the team at NAV has been very attentive to our needs. Detailed daily reports are received promptly and accurately, and queries are resolved in a timely manner. Having the support of an efficient and knowledgeable fund administrator is vital to the success of our business.

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Philip Press

Manager
North Rock Digital
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NAV has provided excellent fund administration services for our funds. Their responsiveness, openness, and professionalism have accommodated to our business needs and ensured smooth operations. We appreciate their high-quality service and strong reputation in the industry.

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Serena Wang

Senior Communications Manager
Amber Group
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