The U.S. Securities and Exchange Commission’s ("SEC") Form PF presents many challenges for investment advisers, particularly those that have large data sets and multiple administrators. To save time, reduce risk, and increase operational efficiencies, it can be helpful to let someone else do the heavy lifting when it comes to Form PF filings.
How We Help Annual Form PF Filers
ACA offers Private Fund Reporting Depository (“PFRD”) administration services to annual Form PF filers through ACA’s Analysis and Review Center (ARC), which provides scalable solutions for Form PF administration depending on your firm’s structure and reporting requirements.
How it Works
Your firm will send its filing data to ACA’s Form PF Team using an approved format. We will then prepare a draft of your year-end Form PF filing through the PFRD system and submit the filing to the SEC upon your review and approval.
Our experienced Form PF team will also provide guidance on Form PF filing requirements and specific questions. In addition, we can conduct a focused reasonableness review of your draft Form PF filing and provide feedback based on our experience with your peers and our understanding of the regulator’s perspective.
How We Help Firms with Large Data Sets and/or Multiple Admins
Firms with large data sets and/or multiple administrators face unique challenges when filing Form PF. For these firms, we offer a solution that combines ACA’s Regulatory Reporting platform (“ACA RR”) with the ARC’s Form PF administration services. ACA RR is the industry-leading platform for aggregating, reviewing, and submitting regulatory filings. ACA RR has been successfully used by firms of all sizes to more efficiently meet their regulatory reporting obligations while reducing risk and adhering to industry best practices.
How We Help Quarterly Form PF Filers
Firms that need to file Form PF on a quarterly basis can benefit from ACA’s RR platform, as it is designed to help reduce risk and increase operational efficiencies through:
- Automated, repeatable workflows for generating filings;
- Data validations at multiple stages;
- “Filing-over-filing” reports to help identify inconsistencies or questions;
- Internal notes to document assumptions; and
- Easy access to the source data used in filings.
Learn More About ACA's Form PF Solutions
To learn more about ACA’s Form PF solutions, please fill out our contact form.
About the Authors
Chintan Gandhi is a Managing Director with ACA's technology division. He has over fifteen years of experience as a business analyst and project manager in the financial industry, supporting buy-side and sell-side clients. With his technical knowledge and industry expertise, Chintan plays a key role in developing and delivering financial software solutions, including portfolio management, order management, and regulatory reporting software for Form PF and AIFMD Annex IV. He joined ACA when the firm acquired NorthPoint Financial. During his tenure at NorthPoint and at ACA, Chintan has worked and works as a valued adviser to clients. In particular, he makes sure they can maximize technology platform benefits for their businesses. Prior to ACA, Chintan served as a vice president at Credit Suisse and Citibank, a senior consultant at Random Walk Computing (acquired by Accenture), and a project manager at OM Technology. He began his career as a business systems analyst at Prudential Securities. Chintan earned his Master’s degree in Management Information Systems from Kean University and his Bachelor’s degree in Biology from Rutgers University.
Jessica Huelbig is a Director at ACA Compliance Group. She joined ACA in June 2006 as a Compliance Analyst and now serves as a Director in the Morristown, New Jersey office. Her primary consulting responsibilities include coordinating and conducting mock SEC inspections, gap analyses, and compliance program reviews, assisting firms with SEC registration and ERA filings, and developing customized policies and procedures for investment advisers and private fund managers, including hedge fund managers and private equity firms. As part of her Director role, Jessica focuses on strengthening ACA’s information resources (in conjunction with the Service and Delivery Committee) and on staff development. Since starting with ACA, Jessica has led or participated in more than 175 mock SEC inspections, annual compliance reviews, and other reviews for various clients. She also oversees ACA’s Filing Team, which assists clients with their Form 13F, Form 13H, Schedule 13G, and Form PF filings. In addition to her consulting work, Jessica writes articles on current compliance issues for publication in widely read industry periodicals and presents internal and external webcasts. Jessica earned her Bachelor of Science degree in International Business, minoring in French and Finance, from the University of Scranton. While in college, she worked as a financial adviser intern at Morgan Stanley’s Scranton, Pennsylvania office.