In early May, the SEC adopted a final rule amending Form PF , the confidential reporting form for certain SEC-registered investment advisers to private funds. Form PF is designed to facilitate both the Financial Stability Oversight Council’s ability to monitor systemic risk, as well as the SEC’s regulatory oversight of private fund advisers and investor protection efforts.
The final rule amendments apply to large hedge fund advisers (having at least $1.5 billion in hedge fund AUM), private equity fund advisers (having at least $150 million in private equity fund AUM), and large private equity fund advisers (having at least $2 […]
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