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When registering, what type of information will advisers have to provide about the private funds they manage?


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When registering, what type of information will advisers have to provide about the private funds they manage?

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Advisers to private funds are required to complete Section 7.B. of Form ADV Part 1A. This section has approximately 25 questions designed to require specific information about the fund’s organization and operation structure as well as identification of service providers (i.e. auditors, custodians, etc.) who perform important roles for the fund. In addition, advisers to funds with more than $150 million of assets must file Form PF and the due date for form PF varies depending on the size and classification of the investment adviser.

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