Jennifer English, Michael Saulnier, Richard Webley
Form PF has been adopted by both the SEC and the CFTC. It requires all registered advisers to hedge funds, liquidity funds and private equity funds with at least $150 million in private fund assets under management to develop and implement a reporting infrastructure to comply with the regulation. Over the next 18 months, all U.S. registered private fund managers of this size will be impacted by the regulation. This whitepaper outlines the background and requirements of this new regulatory report and some of the potential impacts to private fund managers.