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DataArt Launches Form PF Solution

Advise Technologies and Advent Team Up to Offer Form PF and CPO-PQR Solution
Advent Software and Advise Technologies are collaborating on an integrated platform that will address Form PF and Form CPO-PQR filing requirements for hedge funds, hedge fund administrators, and private equity managers. With this collaboration, shared clients will receive data for regulatory filings through Advent’s Geneva and Syncova, which, when combined with Consensus RMS, Advise’s regulatory […] Read more – ‘Advise Technologies and Advent Team Up to Offer Form PF and CPO-PQR Solution’.
Increased Regulation Pushes More Funds To Convert to Family Offices
Hedge fund regulation has been a big issue ever since Dodd Frank was passed. Form PF and the Form ADV Part 2 are hardly trivial. And limited partners are as powerful as ever when it comes to administrative and compliance issues. Increasingly, they wield some big sticks. In response, more hedge funds seem to be […] Read more – ‘Increased Regulation Pushes More Funds To Convert to Family Offices’.
Article – SEC Is Actually Using the Form PF Data
SEC Staff Report Relating to the Use of Data Collected from Form PF by Jill Radloff   |   August 1, 2013 The Dodd-Frank Act provided the SEC with new authority, and directed it to use this authority to require registered investment advisers to maintain records and file reports regarding the hedge funds, private equity funds and other private […] Read more – ‘Article – SEC Is Actually Using the Form PF Data’.
Form PF – 1 Year After – Citi Article
A useful article from Citi on a lookback of 1 year of Form PF Filings and what has been gleaned. Form PF One Year Later: How Hedge Funds Can Use Their Administrator to Effectively and Efficiently Assist them in Completing Form PF http://www.citibank.com/transactionservices/home/securities_svcs/docs/formpf1year.pdf Read more – ‘Form PF – 1 Year After – Citi Article’.
Forbes Article – Compliance Software Now Staple of Funds
Once viewed as a luxury reserved for only the largest hedge funds, compliance technology has entered the mainstream.  The complexity of reporting obligations, combined with the expanded number of hedge fund investment advisers that are now registered with the SEC and CFTC, are the drivers of the increased usage. While one size definitely does not fit all […] Read more – ‘Forbes Article – Compliance Software Now Staple of Funds’.
GAIM: Top hedge funds reluctant to disclose Form PF but amenable on OPERA
Hedge fund managers appear disinclined to supply their investors with Form PF data although are willing to provide clients with Open Protocol Enabling Risk Aggregation (OPERA), the risk reporting toolkit designed by Albourne Partners. Some managers have said investors are pushing for complete Form PF disclosure, with 45% of managers telling an upcoming COOConnect survey […] Read more – ‘GAIM: Top hedge funds reluctant to disclose Form PF but amenable on OPERA’.
SEC Proposed Rule Document: Money Market Fund Reform; Amendments to Form PF
See document here… http://www.sec.gov/rules/proposed/2013/33-9408.pdf Read more – ‘SEC Proposed Rule Document: Money Market Fund Reform; Amendments to Form PF’.
SEC Open Meeting to Vote on Money Market Fund Reforms Wed. at 10am
SEC Open Meeting to Vote on Money Market Fund Reforms Wed. at 10am Jun 0513 The Securities & Exchange Commission has posted its “Open Meeting Agenda for tomorrow’s meeting to vote on a new money market funds reform proposal. The meeting, on Wednesday, June 5, 2013, at 10am (see the Webcast here) will discuss “Money Market Fund Reform; Amendments To Form […] Read more – ‘SEC Open Meeting to Vote on Money Market Fund Reforms Wed. at 10am’.
With Form PF, The SEC Continues To Target An Enterprise-Wide “Culture Of Compliance.”
Boston, May 23, 2013 – Form PF is a serious step by U.S. regulators to inject and maintain a culture of compliance in private-fund firms that have until now been exempt from this type of reporting, says Aite Group in a new Impact Note announced today.Under SEC regulation, hedge funds are now required to make […] Read more – ‘With Form PF, The SEC Continues To Target An Enterprise-Wide “Culture Of Compliance.”’.
Northern Trust Hedge Fund Services launched a Form PF Module
Northern Trust Hedge Fund Services streamlining Form PF Chicago 15 May 2013 Northern Trust Hedge Fund Services has launched an online regulatory module to help with Form PF filings. The new tool aims to support clients in meeting Form PF and other emerging regulatory requirements through a combination of technology, consultative support, and data aggregation […] Read more – ‘Northern Trust Hedge Fund Services launched a Form PF Module’.
DataArt Launches Form PF Solution
  Data Art  has launched a front-end application that will allow hedge funds to report their Form PF filings to regulators. Since early 2012, Form PF has been one of the hottest regulation topics in the hedge fund industry. The first filing deadline for large hedge funds passed on August 29th, 2012, and smaller hedge funds […] Read more – ‘DataArt Launches Form PF Solution’.
Will Investors Be Demanding Form PF
Offsetting Form PF costs to fund must lead to full disclosure, says PAAMCO Categories: Regulation 11 Apr, 2013 Managers offsetting Form PF costs to the fund must provide an un-redacted version of the document to investors, PAAMCO, the $8.5 billion emerging manager focused fund of funds has said. “If a hedge fund manager charges Form […] Read more – ‘Will Investors Be Demanding Form PF’.
BNY Mellon launches Form PF reporting solution
New York and London 20 March 2013 BNY Mellon has developed a reporting solution that enables its alternative investment clients to prepare and file Form PF, as required by recent rules introduced by the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission. Form PF reporting complies with section 404 of the Dodd-Frank Wall […] Read more – ‘BNY Mellon launches Form PF reporting solution’.
ConvergEx Group’s Eze Castle Software Successfully Completes 10 Quarterly Form PF Filings with Regulatory Filings Manager
ConvergEx Group, a leading technology company, today announced that ten firms have successfully submitted their quarterly March 1 Form PF filings using Eze Castle Software’s* Regulatory Filings Manager. These firms have a combined Regulatory Assets Under Management of over $32 billion and included hedge funds, institutional asset managers and private equity funds. Since launching Regulatory […] Read more – ‘ConvergEx Group’s Eze Castle Software Successfully Completes 10 Quarterly Form PF Filings with Regulatory Filings Manager’.
Five Questions To Consider When Selecting A Form PF Service Provider
By  Jane Stabile on January 16th, 2013 in  Compliance Coding Comments Off Now that the first few Form PF filings by large private funds have been filed, and smaller advisers are preparing to file for the first time, more attention than ever is being paid to the Form PF solutions that are being provided by software companies and […] Read more – ‘Five Questions To Consider When Selecting A Form PF Service Provider’.
How Will Investors Approach Form PF?
How Will Investors Approach Form PF? Tuesday, 15 January 2013Written by Deborah Prutzman Nearly every investor who allocates to a U.S. investment adviser reviews the adviser’s Form ADV filing as part of its initial due diligence. With the adoption of Form PF, investors may soon have another set of data to consider.  By the end of […] Read more – ‘How Will Investors Approach Form PF?’.
Conifer Group Launches Cloud-Based Form PF Solution
  Conifer Group Launches Cloud-Based Form PF Solution By : PRNewsWire     SAN FRANCISCO, Jan. 14, 2013 /PRNewswire/ – The Conifer Group, LLC, a leading provider of fund administration, middle office, trading and prime brokerage services, announced today it has launched its proprietary cloud-based Form PF solution. The Conifer Form PF solution is based on Conifer’s ground-breaking iCon™ portal, the […] Read more – ‘Conifer Group Launches Cloud-Based Form PF Solution’.
Form PF Seminar – Dec 12th
Grassi & Co.’s Financial Services Practice Team hosted a breakfast seminar, which featured a presentation by Global Risk Management Advisors, Inc. (GRMA) on Form PF.  To review the presentation as well as additional information on Form PF and Grassi & Co.’s Financial Services Practice, please click on the following links:   Presentation – “Form PF Update” Grassi & Co. Financial Services Practice Team Brochure […] Read more – ‘Form PF Seminar – Dec 12th’.
Advise Technologies recommends 10 Form PF tips learned from the first round of filers
While 2012 may go down in the books as the year of Form PF, it does not mark the end of Form PF — in fact, it’s only the beginning. In the next phase of the rule, advisers that manage at least $150 million RAUM in private funds will need to file either 60 or […] Read more – ‘Advise Technologies recommends 10 Form PF tips learned from the first round of filers’.
Citi Group Form PF Solution
Citi’s Form PF solution provides data management tools to gather, aggregate, map data and deliver the information needed to help prepare and finalize reports for filing with the SEC.   http://www.citigroup.com/transactionservices/home/securities_svcs/docs/FormPFSlipsheetFINAL.pdf Read more – ‘Citi Group Form PF Solution’.
Form PF – Lessons from First Filers a GlobeOp Video
http://www.redhydrant.com/portfolio-item/globeop-form-pf-30/ Read more – ‘Form PF – Lessons from First Filers a GlobeOp Video’.
Form PF – Perspective After Filing From HedgeServ Executive
HFMWeek interviews Leo LaForce from HedgeServ about Form PF and what was learned after this first filing. https://www.hfmweek.com/__data/assets/pdf_file/0007/36394/HFM276_FormPF.pdf Read more – ‘Form PF – Perspective After Filing From HedgeServ Executive’.
ConceptONE Announces Successful Form PF Filings
NEW YORK, Aug. 28, 2012 /PRNewswire-iReach/ — ConceptONE, LLC, an industry-leading provider of data analytics and risk management solutions, is pleased to announce the successful completion of its initial Form PF submissions. These filings were made on behalf of entities who, due to the size and scope of their operations, faced the earliest regulatory-mandated deadline for reporting […] Read more – ‘ConceptONE Announces Successful Form PF Filings’.
NYMag Is Writing About Form PF
Last-Minute Test Prep for Hedge Funds: How Dodd-Frank Created a Cottage Industry By Kevin Roose It can seem, at times, like even the most enlightened minds in New York’s financial services industry are raging mad about Dodd-Frank and the confusing regulatory regime it has ushered in. But Doug Schwenk, a former hedge fund COO, has welcomed […] Read more – ‘NYMag Is Writing About Form PF’.
2012 Form PF Boot Camp at the Princeton Club on Friday, September 7, 2012
Itinerary: 8:45 –9:00 Chair’s Opening Remarks: Form PF, its Purpose and Potential Consequences PF: an enterprise risk management exercise Stated purpose Likely uses Mandate for ERM Challenges for firms Don Mumma, Managing Director, AXIOMSL   9:00 –9:45 getting Started RAuM: What is it and What isn’t it? Calculations Frequency GAAP considerations Designating a “CPFO” Resource […] Read more – ‘2012 Form PF Boot Camp at the Princeton Club on Friday, September 7, 2012’.
J.P. Morgan Adds Form PF Capabilities
NEW YORK, Aug 06, 2012 (BUSINESS WIRE) — J.P. Morgan Worldwide Securities Services (WSS) announced today that it has added reporting capabilities for Form PF, the Securities and Exchange Commission’s (SEC) new regulatory filing for registered investment advisers, to its suite of services. This new reporting capability will provide clients with access to business critical […] Read more – ‘J.P. Morgan Adds Form PF Capabilities’.
Form PF Guide Helps, Poses New Dilemmas
http://www.complianceintel.com/Article/3068221/Form-PF-Guide-Helps-Poses-New-Dilemmas.html Read more – ‘Form PF Guide Helps, Poses New Dilemmas’.
Advent and Data Agent Join Forces to Address Form PF Compliance Requirements
SAN FRANCISCO, CA and BERKELEY, CA–(Marketwire – Jul 24, 2012) – Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services for the global investment management industry, today announced a collaboration with Data Agent, LLC to provide tools to help hedge funds and hedge fund administrators meet Form PF reporting requirements. The tools offer a […] Read more – ‘Advent and Data Agent Join Forces to Address Form PF Compliance Requirements’.
Sungard Private Equity White Paper on Form PF for Private Equity
Sungard released a white paper on form pf for Private Equity http://static.capitalize-on-change.com/Global/videos/corporate_liquidity/investran-form-pdf-paper-final.pdf   Read more – ‘Sungard Private Equity White Paper on Form PF for Private Equity’.
Poll Results from MSCI Site – Form PF Risk Reporting Webinar
The RiskMetrics Form PF Risk Reporting webinar on June 1, 2012 covered issues and considerations around the Form PF risk reporting requirements from the US Securities and Exchange Commission (SEC) and US Commodity Future Trading Commission (CFTC). Attendees were polled about potential ways in which firms can prepare, manage and execute a strategic plan for the new […] Read more – ‘Poll Results from MSCI Site – Form PF Risk Reporting Webinar’.
KPMG & Axiom Have a Form PF Tool
KPMG has teamed up with Axiom – a regulatory reporting and risk management solutions firm to address form pf needs. See the article here: http://news.hedgefund.net/default.aspx?story=13781   Read more – ‘KPMG & Axiom Have a Form PF Tool’.
SEC Released FAQs to Form PF Filing
On June 8, 2012, the SEC released FORM PF FAQs.  Access them here.   Read more – ‘SEC Released FAQs to Form PF Filing’.
Form PF Boot camp – Sep 7th NYC
September 7th, 2012 The Princeton Club, New York City http://www.frallc.com/conference.aspx?ccode=B828 Topics: Determining your reporting obligations based on the types of funds you manage How much should you reveal to investors? RAUM: What it is….and isn’t Keys to effective data aggregation and storage Question 4: Do you or don’t you? Two Panel Discussions: What technology solutions […] Read more – ‘Form PF Boot camp – Sep 7th NYC’.
California Hedge Fund Association – PF Webinar May 31, 2012
California Hedge Fund Association (CHFA) is organizing a webinar on Form PF. The first webinar in the series will provide an in-depth understanding of the Form PF. This webinar will answer the following questions: “What is Form PF?” “What resources do I need to complete this?” “What are the deadlines & other requirements for completion?” “What’s […] Read more – ‘California Hedge Fund Association – PF Webinar May 31, 2012’.
Form PF Filing Fee Schedule
The SEC has approved filing fees for investment advisers registered with the SEC filing Form PF.  Fees are charged for Annual Reports and Quarterly Reports to Form PF ($150 for each Annual Report and Quarterly Report). Fees must be credited to the firm’s IARD Daily Account before the filing can be submitted. FINRA Filing Fee Schedule SEC-Registered Advisers filing […] Read more – ‘Form PF Filing Fee Schedule’.
Lone Pine Capital Goes With SS&C’s Form PF Solution
Lone Pine Capital LLC, a hedge fund based in Greenwich, Conn., has chosen SS&C Technologies software application as its Form PF reporting solution. The long-short equity hedge fund, which has approximately $22.7 billion in net assets under management, is using SS&C’s web-enabled Form PF applications and expertise to help comply with Form PF, a new regulatory requirement […] Read more – ‘Lone Pine Capital Goes With SS&C’s Form PF Solution’.
May 24, 2012 Form PF Seminar
A Seminar Hosted Jointly by Citi, Global Risk Management Advisors, Inc., and Dechert LLP Date: May 24, 2012 Time: 8:30 AM – 10:00 AM Location: Dechert LLP New York, NY   REGISTER HERE With the deadline to file Form PF quickly approaching for large private fund advisers, this seminar will focus on legal, compliance and operational […] Read more – ‘May 24, 2012 Form PF Seminar’.
Know your RAUM
The most important issue, says Barback, is that managers must know their regulated AUM (RAUM). When the SEC first conceived Form PF there was some initial confusion as to what RAUM was. Many believed that it equated to a fund’s NAV but that’s not the case; rather, it is the sum of all assets on […] Read more – ‘Know your RAUM’.
Key Dates for Form PF
Here is a nice infographic from Advent.   Read more – ‘Key Dates for Form PF’.
U.S. SEC set to monitor private equity funds, official says
NEW YORK, May 8 (Thomson Reuters Accelus) – Many of the world’s top private equity funds will soon be examined by the U.S. Securities and Exchange Commission, Carlo di Florio, director of OCIE, the SEC’s Office of Compliance Inspections and Examinations, said. Fourteen of the 50 largest hedge fund advisers in the world, and 18 of the […] Read more – ‘U.S. SEC set to monitor private equity funds, official says’.
Form PF Final Rules Adopted by SEC and CFTC
The SEC and the CFTC have published final rules requiring registered advisers to private funds to report certain information on Form PF. Here is a report by Skadden on the matter. Read more – ‘Form PF Final Rules Adopted by SEC and CFTC’.
Form PF Requires Investor Type Concentrations
The folks at Hedge Op, have written an article elaborating on Question 16 of Section 1b – Investor Representations of Subscription Agreements.  Concentration of investor types will be required. Question 16 asks the manager to “specify the approximate percentage of the reporting fund’s equity that is beneficially owned” by each listed category of investors (detailed […] Read more – ‘Form PF Requires Investor Type Concentrations’.
Regulatory Focus on Hedge Funds Continues into Q1
The FORBES article by Judy gross shows that regulatory environment is still evolving and CFTC is jumping on the bandwagon. The regulatory focus on hedge funds continued during the first quarter of 2012, as new initiatives continued to roll out, and milestones in the implementation of rules put on the books last year were hit. For “large” […] Read more – ‘Regulatory Focus on Hedge Funds Continues into Q1’.
Northern Trust Hedge Fund Services Prepares Clients for Form PF Reporting
CHICAGO, May 01, 2012 (BUSINESS WIRE) — Northern Trust announced today that its hedge fund administration unit, Northern Trust Hedge Fund Services LLC, is actively working with its private fund clients to provide the data necessary for Form PF reporting. With Northern Trust’s single, global platform for operations and flexible data management capabilities, Northern Trust […] Read more – ‘Northern Trust Hedge Fund Services Prepares Clients for Form PF Reporting’.