NAV Fund Administration Group, a leading provider of administrative services to alternative asset managers, was announced as Best Fund Administrator - Overall for the second consecutive year at the Hedge Fund US Digital Assets Summit, hosted by industry publication Hedgeweek in New York City on March 2.
OAKBROOK TERRACE, Ill., March 7, 2023 /PRNewswire-PRWeb/ -- NAV Fund Administration Group, a leading provider of administrative services to alternative asset managers, was announced as Best Fund Administrator - Overall for the second consecutive year at the Hedge Fund US Digital Assets Summit, hosted by industry publication Hedgeweek in New York City on March 2.
Selection for the recognition was based on a survey of more than 100 fund managers and other key industry participants to compile a shortlist, followed by an online poll of the entire Hedgeweek subscriber base to determine the final result.
"We are grateful for the continued support and trust from the alternative assets community," said NAV VP Sumit Sharma. "We take pride in providing comprehensive, reliable services that deliver accountability and stability for our clients and their investors – key attributes during this particularly volatile period in the industry."
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The US Digital Asset Summit was a day-long event featuring industry speakers, roundtable discussions, and networking opportunities, concluding with honors to "the most highly regarded and successful fund managers and service providers in the digital assets space based on input from within the industry itself, marking recognition and respect from among peers and counterparties," according to Hedgeweek.
About NAV Fund Administration Group
Founded in 1991, NAV is a privately owned fund administrator recognized for its innovative and cost-effective fund administration solutions. A dynamic team of more than 2,250 professionals provide services to 2,200+ funds across the globe -- including hedge fund, private equity fund, and cryptocurrency fund clients -- while maintaining a 99% client retention rate. The company is headquartered in the United States, with four facilities in India supporting Back Office services, and locations in Australia, the Cayman Islands, Mauritius, and Singapore. Additionally, NAV is authorized to provide administration services for funds domiciled in multiple jurisdictions across the globe. NAV ranks among the top global hedge fund administrators by number of funds, servicing more than $210 billion AUA.
About Hedgeweek
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.
Media Contact
Vicki Hunckler, NAV Fund Administration Group, 16309541919, [email protected]
SOURCE NAV Fund Administration Group
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