As we wrap up another Form ADV season, we here at SEC3 wanted to remind all of our private fund advisers with a calendar fiscal year end that the annual filing of Form PF is due on April 30, 2023. The Securities and Exchange Commission (“SEC”) requires registered investment advisers of private equity funds, real estate funds, hedge funds and liquidity funds with at least $150 million in private fund assets to file the annual version of the Form PF.
Form PF may be filed electronically through the Private Fund Reporting Depository (“PFRD”) on the Investment Adviser Registration Depository (“IARD”). Additionally, each new Form PF filing will be assessed a $150 fee.
The SEC uses the information submitted in Form PFs to monitor industry trends, inform rulemaking, identify compliance risks, target examinations and enforcement investigations, and investor protection efforts relating to private fund advisers. Failure to file Form PF may result in regulatory action for private fund advisers. In order to avoid possible action, private fund advisers should ensure they are compliant with Form PF filing requirements.
SEC3 can assist with the preparation and filing of Form PF. SEC3 works with private fund advisers to save you time and reduce the headache of another regulatory filing. SEC3 can also provide guidance on Form PF filing requirements and answer any specific questions.
For more information regarding Form PF and filing requirements, please contact us at info@seccc.com, at (212) 706-4029 x 229 or visit us on our website at www.seccc.com.
For over two decades, we have been providing compliance consulting services and servicing as outsourced Chief Compliance Officers. Our professionals have served as SEC regulators and in senior leadership, guiding the industry’s principal compliance association. Our consultants also have hands-on industry experience as chief compliance officers, experienced securities attorneys and senior management of investment advisers, broker-dealers and fund administrators.
What can SEC3 do for you?
SEC3 offers an extensive suite of customizable compliance services for investment advisers, private fund advisers, CPOs, CTAs, investment companies, institutional investors and broker-dealers which can complement your internal compliance program on a one-time or recurring basis depending on your needs.
Call us today at (212) 706-4029 x 229, or shoot us an email at info@SEC3compliance.com so we can set up a time for one of our consultants to discuss your needs and how we can help.
