Form PF Filings

SEC investment advisers that advise one or more private funds and have at least $150 million in private fund assets under management need to file Form PF. The private fund AUM must be calculated as of the last day of the most recently completed fiscal year. Cerulean will make Form PF filings for your private fund adviser through the Private Fund Reporting Depository (PFRD).

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The level and frequency of Form PF filings varies depending on the amount and type of private fund assets.

• Small Private Fund Advisers

  • File once a year within 120 days of the fiscal year end

• Large Private Fund Advisers

  • Large Hedge Fund Advisers – within 60 days of quarter end

  • Large Liquidity Fund Advisers - within 15 days of quarter end

  • Large Private Equity Fund Advisers - within 120 days of fiscal year end (more information than small advisers)