Net asset value calculation in Luxembourg, NAV, valuation and reporting.

NAV calculation establishes the per-unit or per-investor value of the fund at a given date. FSL produces it with reconciliations, controls and reporting, at the cadence set by your documents. FSL handles structuring, substance, accounting and reporting; CSSF authorisation and reserved acts are coordinated with our network of partner lawyers and notaries.

In short

Net asset value (NAV) is the fund's assets less its liabilities at a valuation date, allocated per unit or per investor. It drives subscriptions, redemptions and performance reporting.

Key takeaway

  • Responsibility for the valuation policy sits with the AIFM; FSL provides the administrative production.
  • Monthly to semi-annual NAV for private asset funds.
  • Each NAV is documented and reconciled for audit.

Who this is for

  • Private asset funds (PE, VC, debt, real estate)
  • AIFMs outsourcing the administrative valuation function
  • Sponsors needing a reliable, documented NAV

What we do

  • NAV production at the required frequency
  • Bank, position and commitment reconciliations
  • Per-investor capital accounts and performance reporting
  • Valuation policy documentation (with the AIFM)

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FAQ

Frequently asked questions

Who is responsible for valuation?

The valuation function sits with the AIFM. FSL provides the administrative NAV production and reconciliations, applying the defined policy.

How often?

Per the fund documents: often quarterly for private assets, monthly or semi-annual depending on the case.

Do you provide per-investor capital accounts?

Yes, with capital calls, distributions and individualised performance reporting.
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