NAV Fund Administration Group, a leading provider of fund administration services to alternative asset managers, has launched NAV (Mauritius) Ltd, a new business entity in Mauritius.
OAKBROOK TERRACE, Ill., July 26, 2022 /PRNewswire-PRWeb/ -- NAV Fund Administration Group, a leading provider of fund administration services to alternative asset managers, has launched NAV (Mauritius) Ltd, a new business entity in Mauritius.
"In the last few years Mauritius has established itself as an International Financial Centre (IFC) of excellence. Along with its ongoing positive achievements in corporate governance, Mauritius is attractive for both launching and administration of private equity funds," said Deepak Middha, NAV VP – Fund Accounting. "We look forward to introducing NAV's flexible administration solutions to new clients in Mauritius, backed by a team of 2,250 professionals and award-winning proprietary technology designed to support nearly every fund structure and asset class traded."
The Mauritius regulating body, Financial Services Commission, granted a Management Licence in early July, authorizing NAV (Mauritius) Ltd to operate as a Managed Corporate Service Provider and to provide management and administrative services to Global Business Companies such as Funds, Trusts and Authorised Companies domiciled in Mauritius, including corporate secretary functions.
Beyond fund administration, NAV will also offer services to other companies and trusts. "Mauritius is a jurisdiction ideally positioned for the comprehensive range of services, industry expertise, responsive client support, and competitive fee structure that NAV offers," said Madhusudan Mittal, NAV AVP – Fund Accounting.
NAV (Mauritius) Ltd is based at 12th Floor, Standard Chartered Tower; 19, Cybercity, Ebene; Mauritius. For more information or to discuss available services, email Deepak Middha at [email protected] or Madhusudan Mittal at [email protected], or call +1 630.954.1919. Learn more about NAV: https://www.navconsulting.net/
Recognized for its innovative and highly cost-competitive fund administration solutions, NAV's experienced team provides award-winning services for all alternative fund types and sizes, including cryptocurrency funds. Since its founding in 1991, NAV has grown to more than 2,000 clients worldwide with $180 billion AUA 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, and Singapore; plus ability to service clients domiciled in multiple additional countries around the globe.
Media Contact
Vicki Hunckler, NAV Fund Administration Group, 16309541919, [email protected]
SOURCE NAV Fund Administration Group
Share this article