Issue 10 2020

Acquisition International - Issue 10 2020 43 Jul20609 ince being founded in 1991, the team at NAV have gone from strength to strength. When it began, the small teamwere searching for an innovative and cost-effective administrative solution. The aim hasn’t changed in the last three decades, but the ambition of the crew certainly has. Now made of more than 850 professionals, it is one of the largest hedge fund administrators in the world. The continual search for a better way has allowed the firm to remain dynamic in spite of its size. Currently, the group serve over 1,000 different Hedge Fund, Private Equity & Real Estate Funds, CTA, and Managed Account clients. It’s an immense challenge, but one that the team are proud to rise to. They have managed to maintain the best record in the industry, with no client or investor litigation in the group’s long life. As a result of this impressive achievement, the team have managed to stand above the majority of the competition. NAV ranks amongst the top 10 global hedge fund administrators by number of funds, servicing more than $100 billion AUA. It’s a ranking that is set to remain stable, as more and more people join NAV to be able to benefit from the team’s experience. The group has grown consistently since its inception, and the team are incredibly proud of their 99% client retention ratio. It shows how much people value the service they deliver on a regular basis. Where NAV excels is with emerging managers and first-time funds. These are often seen as two of the most challenging areas of hedge fund management, but the team always ensure that they are able to provide a seamless and successful launch. Indeed, when looking at the firm’s formidable client list, what stands apart is that over 60% of clients began as new launches. It’s a stance that makes it abundantly clear that every client must be treated with respect and given the best quality of service and support. To ensure that clients receive the best possible service, NAV has developed its own proprietary fund administration technology. NAV Central is a solution is designed to support every fund structure and asset class traded, using a 150-strong team to optimize every step in the process. It now provides the most comprehensive reporting solution to clients on the market. As the company operates internationally, the firm provides 24-hour support to clients. NAV Central combines many different factors into one place in order to make the administration of hedge funds easier for clients. The processing system generates portfolio and trade reconciliation of various instruments, including equities, fixed income, options, futures and other derivative products as well as integrating with other in- house developed portfolio management applications. This allows the team at NAV to communicate easily with multiple custodians. S Hedge funds are some of the most lucrative ways of making money, but success in this field very much depends on the quality of the administrator. The team at the NAV Fund Administration Group are some of the very best in the world. Having achieved success in Acquisition International’s Worldwide Finance Awards 2020 where the firm was named Best Global Hedge Administrator 2020 – USA. We dig a little deeper to discover more about this financial dream-team. The Way Forward Obviously, NAV’s standing when it comes to hedge funds is virtually unparalleled, almost offering clients a guarantee of success in the industry. The team looks set to continue finding new ways to thrive, making them the ideal partner for those looking to explore the numerous benefits of hedge funds. Company: NAV Fund Administration Group Name: Sumit Sharma Web Address: www.navconsulting.net ...when looking at the firm’s formidable client list, what stands apart is that over 60% of clients began as new launches.