Recognized as one of the most active and highly regarded investment management practices in the United States, our group represents all types of asset managers across the liquidity spectrum, including private equity funds, credit funds, hedge funds, venture capital funds, real estate funds, hybrid funds and family offices. We have successfully raised hundreds of billions of dollars for our clients, who benefit from our extensive market knowledge, industry-leading networking events and strong relationships with all major market participants.
SEC Adopts Final Form PF: Certain Implications for Hedge Fund and Private Equity Fund Advisers
November 15, 2011
On October 31, 2011, the SEC and the CFTC adopted final rules http://www.sec.gov/rules/final/2011/ia-3308.pdf under the Investment Advisers Act of 1940 and the Commodity Exchange Act, respectively, to implement Sections 404 and 406 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. New Advisers Act Rule 204(b)-1 requires investment advisers registered or required to register with the SEC that advise one or more "private funds" and have at least $150 million in "private fund assets" under management to file a Form PF with the SEC.