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Hedge Funds Face Data Struggle with '‘Burdensome’' Form PF Changes, FundFire

February 28, 2024

Partner Christine Schleppegrell is quoted in a FundFire article about new rules from the US Securities and Exchange Commission and US Commodity Futures Trading Commission that will amend Form PF.

Commenting on one provision that no longer allows managers to report data on an aggregate basis, Christine said that the change “will impact managers that use master-feeder arrangements and parallel funds.”

She added, “[b]ecause the revised instructions no longer allow advisers to defer to their own methodologies, in certain cases, managers will need to adjust their internal reporting processes.”

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