Thu, Apr 2, 2015
A A A
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

amb
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. Other Voices: Does the hedge fund industry benefit society?[more]

    This article was authored by Don Steinbrugge, Chairman of Agecroft Partners, a US-based global consulting and third party marketing firm for hedge funds. It is no secret that the hedge fund industry is viewed negatively by a la

  2. Opalesque Roundtable: Emerging managers should avoid chasing 'institutional unicorns'[more]

    Bailey McCann, Opalesque New York: For managers looking to raise a new fund after the crisis, marketing efforts will need to be significantly different, according to delegates at the recent Opalesque Texas Roundtable. "Most of the smaller managers come to the whole fund-raising and marketing

  3. Cohen's private investments deliver strong 7.5% gain in Q1[more]

    From Reuters.com: Billionaire Steven A. Cohen's investments gained 7.5 percent in the first three months of 2015, according to a person familiar with the numbers, helping the former hedge fund manager extend his string of market-beating returns. Cohen's Point72 Asset Management, which invests

  4. Hedge fund launches fall again, $1bn funds found to outperform even smaller hedge funds[more]

    Komfie Manalo, Opalesque Asia: The number of new hedge fund launches fell again in 2014, the third consecutive year of decline, while fund liquidations saw their first drop since 2010, according to the latest HFR Market Microstructure Industry Report released by industry data provider HFR. Acc

  5. Opalesque Exclusive: Cyber security and hedge funds: increased awareness, Part One[more]

    Benedicte Gravrand, Opalesque Geneva: If you look at the recent cybersecurity news from Bloomberg, hackers are frightening the people: they steal photos and threaten to expose them, they can break into ATMs, they ha

 

banner