OAKBROOK TERRACE, Ill., Oct. 29, 2020 /PRNewswire-PRWeb/ -- NAV Fund Administration Group, a leading provider of administrative services to alternative asset managers, was awarded Best Fund Administrator – Private Credit at the Alt Credit Fund Intelligence U.S. Summit on October 21.
The award was given virtually as part of the 2nd Annual Alt Credit U.S. Services Awards, which recognized providers of services and solutions to the North American credit hedge fund industry that have demonstrated exceptional innovation, customer service, and business performance over the past 12 months.
"We are honored to be showcased as a leader within such a competitive industry and at such a challenging time," said NAV COO Ambuj Garg. "We work daily to provide superior service, technology, and support to our clients. This recognition demonstrates that we're focused on goals that the industry and our clients value."
The Alt Credit U.S. Summit, open to senior executives within the alternative alt credit fund space, featured virtual panel discussions, keynote addresses, discussion groups, and one-on-one meetings with other attendees. The day's activities were capped by what Alt Credit described as "the industry's premier awards ceremony, honoring the best in class across a broad spectrum of credit fund activity and celebrating those that have weathered the most tumultuous six months in at least a decade."
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 900 professionals provide services to 1,000+ Hedge Fund, Private Equity & Real Estate Funds, CTA, and Managed Account clients across the globe while maintaining a 99% client retention rate. The company is headquartered in the United States, with three facilities in India supporting Back Office and Middle Office services, and locations in Singapore and the Cayman Islands. NAV ranks among the top 10 global hedge fund administrators by number of funds, and services more than $100 billion AUA. All operations are ISAE 3402 Type 2 certified.
About Alt Credit Fund Intelligence
Alt Credit Fund Intelligence is the premier intelligence source for credit professionals, providing a deeper understanding of credit markets. Its experienced team of credit journalists have long-standing relationships with key decision makers in the private debt, structured debt, and credit hedge fund industries, as well as a broad network of professionals from across the industry. The team also includes those who have worked in the industry and understand the workings of funds from loan documentation through CLO structurings to the nuances of the CDS market.
SOURCE NAV Fund Administration Group
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