Definition: The total market value of all assets held in a fund or investment portfolio before deducting liabilities, such as debt, fees, or operating expenses. GAV is often used to measure the overall size of a fund’s assets.
Example: A real estate investment trust (REIT) with properties valued at $500 million has a GAV of $500 million, even if the assets are financed with $300 million in debt and $200 million in equity.
Explore IVP Shadow Accounting Services
IVP Shadow Accounting Services help buy-side firms maintain independent visibility into portfolio values and key accounting calculations, including metrics derived from total asset values such as GAV. The service enables hedge funds and asset managers to outsource full or partial accounting functions, improving operational efficiency and scalability while supporting a variety of fund structures and accounting platforms.
