OAKBROOK TERRACE, Ill., Jan. 28, 2019 /PRNewswire-PRWeb/ -- NAV Fund Administration Group ("NAV") announced the acquisition of 140 new clients in 2018.
"Our continuous push towards end-to-end automation has opened up tremendous room for growth," said Nav Gupta, Founder and CEO of NAV. "Our technology enables us to offer some of the lowest prices in the industry while delivering superior fund administration."
In addition to this increased growth, NAV boasts an impressive client retention rate. Through their 27-year history in the hedge fund industry, NAV has retained approximately 99% of their clients.
"We don't need a sales team here at NAV," continued Gupta. "We continue growing based on referrals from current clients alone."
About NAV Fund Administration Group
NAV Fund Administration Group ("NAV") is a fund administrator with over 27 years of experience in providing a comprehensive fund service offering including, accounting, reporting, investor servicing, and middle and back-office support to the hedge fund industry. NAV is ranked among the top 10 fund administrators in the world by number of funds. With assets under administration of US$68 billion, NAV employs over 500 people that serve a global client base of over 900 clients. NAV is differentiated in the industry by its independence, proprietary technology and client retention. https://www.navconsulting.net/
SOURCE NAV Fund Administration Group
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