Definition: The NAV for a venture fund, which raises capital from LPs to invest in early-stage, high-growth potential startups in exchange for equity. As with all NAV calculations, the venture fund NAV represents the total market value of the fund’s assets minus total liabilities.
Example: Unlike the NAV in other funds, a venture fund’s NAV uses the previous funding round or appraisal to determine the fair value of illiquid assets.
Explore the IVP NAV Solution
The IVP NAV Solution supports the calculation of venture fund NAV. It enables real-time NAV finalization for multiple funds with complete traceability for specific NAV components. It centralizes NAV oversight in one intuitive experience with automated exception identification and trend analysis, so asset managers can quickly and easily remediate NAV anomalies at the key component, share class, and security level.
