NAV Fund Administration Group Earns Hedgeweek US Awards 2024 Administrator of The Year Overall Award

Oakbrook Terrace, Illinois - NAV Fund Services, a leading provider of administrative services to alternative asset managers, was announced as Administrator of the Year: Overall at the Hedgeweek US Awards 2024 at an exclusive ceremony and networking event in New York City on October 10. The annual award program recognizes excellence among fund managers and service providers in the US across a wide range of categories.

"We’re proud to have been recognized for our overall achievement of excellence in fund administration services," said NAV COO Ambuj Garg. "The NAV team of 3,100+ professionals offers expertise in fund administration, compliance, security, IT, and accounting disciplines. Plus, our proprietary technology and focus on continuous process improvement enable us to deliver innovative, premium quality fund solutions and support to benefit our clients and investors."

Since its founding in 1991, NAV has grown to more than 2,300 clients worldwide with $310 billion AUA while maintaining a 99% client retention rate. The company is headquartered in the United States, with eight facilities in India and locations in Australia, the Cayman Islands, Ireland, Mauritius, Philippines, and Singapore; plus, the ability to service clients domiciled in multiple additional countries around the globe.

Voting for the awards is conducted via an online poll of the entire Hedgeweek user base, where participants are asked to make their choice among the shortlisted firms in each category. Service provider categories span all the key areas of the broader hedge fund industry ecosystem.

Launched in 2002, Hedgeweek covers hedge fund industry news for investors and fund managers. It provides news, features, research, awards and events for the global hedge fund industry. Hedgeweek is part of Global Fund Media Ltd, which publishes six specialist newswires covering all asset classes within the institutional investor marketplace.