SEC Updates Form PF Guidance

24 February 2014
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Key takeaways:

  • With the 2014 Form PF filing deadline looming for private fund advisers, the SEC recently updated its Form PF FAQs.
  • While most of the FAQs address fairly technical issues, one of the new FAQs revisits the perennial question of the circumstances under which a private equity fund is a hedge fund for purposes of Form PF. (The answer has not changed.)