Fund administration for emerging managers: the funds of the future start here
NAV's philosophy is that every client — regardless of size — merits the same superior quality of service and support. We offer our award-winning full suite of fund administration, investor services, reporting, and compliance support to all clients.
Your success is our success
We Value Emerging Managers
We believe in the immense potential of emerging managers. Our goal is to foster a lasting partnership that offers consistent and ongoing personal support through the launch process and beyond. Our competitive fee structure is designed to scale as your fund grows, linking our success to your success.
Why NAV Is Ideal for Emerging Managers
NAV welcomes the opportunity to work with emerging managers and first-time funds. Our expertise, tailored fees, and focus on superior client service mesh well with the needs of new fund managers. Though we serve more than 2,300 clients across the globe of every size, we are especially proud of our history working with emerging managers, supporting smooth and successful launches.
The Value NAV Brings to Emerging Funds
Competitive pricing
We will work with you to create an all-inclusive pricing model to reduce early stage overhead
No upfront or setup fees
NAV fees will only be charged after the first live reporting
Institutional appeal
NAV showcases stability, credibility, and premium quality to your prospective investors and helps with operational due diligence
Additional services
Supplementary value-added fund services such as tax preparation and draft financial statements
Assist in bank account opening
We can handle time-intensive details and communication, freeing up your time and resources to focus on launch strategies
GP/ManCo accounting
Curated fund accounting services including bank statement reconciliations; backup of all GP/manager invoices, payments, credit card statements, and cash balances; and year-end support to the fund tax accountant
Flexible Fee Structure
Ideal for emerging managers, the NAV pricing structure adapts to fund growth, scaling as your fund matures. The goal is to offer fully transparent and all-inclusive affordability for early-stage managers.
NAV is committed to adding value to our emerging manager partnerships by providing the highest quality and most cost-effective fund administration solutions:
- Custom pricing specific to your fund, in a straightforward proposal that details everything included in your NAV fee structure
- Services priced fairly from the start of the relationship with no automatic annual increases
- Support available after business hours, weekends, and holidays
- Zero set-up fees or onboarding fees
- No added costs for transaction, trade, position, investor, and wire processing
- Unlimited managers and investor logins to the NAV Portal
- Full API access
See more details about what's included: personalized service, innovative technology, flexible reporting, and enhanced security
Fund Administration Expertise for Emerging Managers at No Additional Cost
- Leverage NAV knowledge and insights built on thousands of successful emerging manager fund launches
- NAV can offer referrals to service providers such as lawyers, auditors, banks, outsourced CFOs, and compliance firms to support fund launch
- Our experienced onboarding team will review draft offering documents and subscription forms to help reduce delays associated with new launches
Comprehensive New Fund Setup Services for Every Fund Type
Different fund types pose different operational, investor relations, and regulatory challenges, but NAV offers the proven expertise, technology, and experience to address any requirements. We will partner with you to keep your fund launch on track and your fund well-structured for continuously efficient operations. NAV provides comprehensive support for all fund strategies:
Learn how NAV's fund administration solution offered critical support for an emerging fund from launch through client growth
NAV Supports Successful Emerging Manager Fund Launch and Significant Growth with Tailored Fund Administration
"NAV's ability to build historical accounting and return calculations to demonstrate and validate proprietary fund strategy for potential investors helped North Peak grow their business to its current $1 billion+ AUM. NAV also created supplementary support files including transparency reports, exposure reports, proforma reports, and similar data to help bolster our marketing efforts."
Award-Winning Technology to Launch and Market Your Fund
As an emerging manager, you may be short on key resources at the start. Your launch date could be delayed if you lack a large support team and budget for costly software to help you market your fund, raise capital, and quickly onboard new investors. And once everything's up and going, will you be prepared to meet investor expectations for convenient online access to their investment accounts?
The NAV technology platform includes features designed to make launching and managing a new fund easy and efficient. And because our all-inclusive pricing includes full access to all of our state-of-the art technology tools, you gain a lot of critical functionality without the need to expend extra budget for add-on software packages or consultants.
Launching a New Fund with NAV Fund Onboarding
Track the real-time status of your fund launch and ongoing tasks, communicate directly with your NAV onboarding team, and securely upload large files such as historical accounting or confidential investor KYC data.
E-Subscription
Email fund subscription invitations to your investors with links to subscription forms prefilled with information from investor profiles or prior investment transactions for an efficient and convenient onboarding process.
Data Room
Create a dedicated web page to professionally market and provide detailed information about your new fund. Simple templates and the option to incorporate your fund logo and color scheme enhance pre-launch and ongoing marketing efforts.
Investor Portal
The NAV investor portal, which you can customize to align with fund branding, is available at no additional cost in desktop and app formats and provides your investors 24/7 access to real-time investment account data.
Check out this on-demand webinar for emerging managers, covering topics ranging from fund reporting and initial year audit and tax preparation to regulatory and compliance issues
Featured Article
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.
Fund Strategies
Hedge Funds
NAV is ranked the top global hedge fund administrator due to our expertise, service, technology, powerful daily reconciliation, and industry-best reporting timelines with official NAV typically delivered within 2 working days
FAQs
testimonials
What Our Clients Say
NAV has done a great job supporting traditional funds and emerging managers. NAV's offerings are right-sized for funds of all sizes. By supporting both sides of the spectrum, NAV allows smaller funds to grow. We think of NAV as a strategic partner that will grow with us. Overall, that's a win in our eyes.
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.
NAV has been a great partner to us since the inception of our fund. Their reporting is always timely, and they have been very responsive to our questions and requests. Above all, they have been reliable and have been willing to work with us on numerous issues, which has been invaluable for us as an emerging manager.
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.
I am extremely pleased with NAV’s services. They have handled every situation adeptly with due diligence to details. My account manager has been extraordinary in managing any issues and promptly handling them. I wholeheartedly recommend NAV to any hedge fund manager.
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