Sat, Oct 10, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

European ESMA Form and U.S. Form PF have many things in common

Monday, April 08, 2013

David A. Vaughan
Benedicte Gravrand, Opalesque Geneva:

The European Alternative Investment Fund Managers Directive (AIFMD)’s reporting requirements will share common DNA with the U.S.' private fund reporting forms, which have been in use since August 2012. This is what international law firm Dechert LLP said in a recent report drawing comparisons between the regulatory reporting template of the AIFMD and that of the U.S. SEC’s Form PF (Dechert’s OnPoint report here).

Rule 204(b)-1 under the Investment Advisers Act of 1940 required SEC-registered investment advisers who manage private funds (with $150m in AuM or more) to report risk exposure statistics on a consistent basis starting 2012 on Form PF. By the end of 2012, these SEC-registered advisors will have completed their first Form PF filings, and this year, they will see the first round of regulatory feedback on their disclosures.

As for the AIFMD, the new regulatory reporting requirements which will be introduced this year will apply to alternative investment fund managers (AIFMs) based in the European Economic Area (EEA – including 27 EU member states + Iceland, Lichtenstein and Norway); those who are not based in the EEA but who manage alternative funds domiciled in the ......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. U.S. hedge funds prepare for worst finish this year since 2008[more]

    Komfie Manalo, Opalesque Asia: U.S.-focused hedge funds are preparing for their worst year since the 2008 global financial crisis, following a series of letdown including the market sell-off in August and the sell-off in healthcare and biotechnology sectors last month, reported

  2. Investing - AQR Capital and Renaissance Technologies raise stakes in Southwest Airlines[more]

    From In the previous part of this series, we saw how institutional investors played Southwest Airlines (LUV) in 2Q15. Now let’s move on to the trades executed by key hedge funds in Southwest Airlines over the same period. … Most of the hedge funds that had significant exposu

  3. Manager Profile - Pimco alternative funds flourish as 30-year bond rally fades[more]

    From Inside Pacific Investment Management Co., the bond behemoth that lost two chief investment officers last year and saw almost $500 billion of client money leave, a hidden profit engine is easing some of the pain. For more than a decade, Newport Beach, California-based Pimco has qu

  4. Niche Investing - Art investment funds: Attracting institutional and other new investors[more]

    From The Deloitte/ArtTactic Art and Finance Report 2014 (the "Art and Finance Report") noted that the "global art investment fund market was estimated to be worth at least $1.26 billion in the first half of 2014." This seems almost inconsequential when juxtaposed with the $54 billion of

  5. DoubleLine’s Jeffrey Gundlach warns of another round of market shakedown[more]

    Komfie Manalo, Opalesque Asia: DoubleLine Capital co-founder Jeffrey Gundlach is painting a bleak future as he warned that the U.S. equity market and other risk markets, such as high-yield "junk" bonds, are facing another round of selling pressure. Gundlach said in an interview with