NAV Fund Administration Group Announces Firm Milestone For 2016

Oakbrook Terrace, Ill. (PRWEB) October 06, 2016

NAV Fund Administration Group ("NAV") announces the achievement of a major company milestone having reached staffing levels of over five hundred full-time employees globally. NAV specializes in providing full service fund administration to investment managers worldwide. NAV continues to show substantial growth year over year since launching in 1991.

NAV added over one hundred employees to its roster during 2016, which is a reflection on the firm's commitment to invest in people and technology. Approximately forty percent of these experienced hires were additions to the technology staff, and the remaining in fund accounting.

"I feel privileged and extremely proud of the number of highly skilled professionals that have joined our organization, as well as the tremendous growth NAV has seen over the years. Our development as an organization is a direct result of the quality of and demand for our services," said Nav Gupta, Chairman and President of NAV Fund Administration Group. "It is an honor to work with such a dedicated team."

About NAV Fund Administration Group

NAV Fund Administration Group ("NAV") is a fund administrator with over 25 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$63 billion, NAV employs 500 people that serve a global client base of over 750 clients. NAV is differentiated in the industry by its independence, proprietary technology and client retention.

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