Net asset value in Luxembourg, NAV inputs, valuation and reporting.
NAV establishes the per-unit or per-investor value of the fund at a given date. Its calculation and publication rest with the authorised central administrator. FSL prepares the accounting inputs, reconciliations and controls that feed it, at the cadence set by your documents. Financial Services Luxembourg supports accounting for eligible entities, subject to their classification and the licensed accountant's statutory thresholds. Official NAV calculation, UCI administration and reserved functions remain with appropriately authorised providers; legal advice and notarial acts are provided by qualified professionals.
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Net asset value (NAV) calculation in Luxembourg determines the value of a fund's assets less its liabilities at a given valuation date, expressed per unit or per investor. It is carried out and validated by the fund's authorised central administrator. The NAV drives subscription and redemption prices and the performance reported to investors.
Key takeaway
- Responsibility for the valuation policy sits with the AIFM; the NAV calculation rests with the authorised central administrator; FSL prepares the accounting inputs.
- Monthly to semi-annual NAV for private asset funds.
- The inputs to each NAV are documented and reconciled for audit.
Technical definitions and responsibilities
Further reading: fund accounting, AIFM and management company, fund services and partner capital accounts of an SCSp.
Who this is for
- Private asset funds (PE, VC, debt, real estate)
- AIFMs or central administrators seeking accounting support upstream of the NAV
- Sponsors needing reliable, documented NAV inputs
What we do
- Preparation of NAV inputs at the required frequency
- Bank, position and commitment reconciliations
- Per-investor capital accounts and performance reporting
- Valuation policy documentation (with the AIFM)
Ready to structure your nav inputs preparation?
First reply within 24 working hours, from a named adviser. Firm quote within 48 working hours once the scope is defined. NDA on request before any confidential document.
Official sources and verification
This page is published under the editorial responsibility of Mickaël LOC for Financial Services Luxembourg (business permit 10077274). The rules cited should be checked against competent authorities and the circumstances of the case.
Frequently asked questions
Who is responsible for valuation?
The valuation function sits with the AIFM. The NAV calculation rests with the authorised central administrator. Financial Services Luxembourg prepares the accounting inputs and reconciliations that feed it, 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.
Request a quote: NAV inputs preparation
First reply within 24 working hours, from a named adviser. NDA on request before any confidential document.