HedgeServ Provides Form PF Compliance Solution To Fund Managers

NEW YORK, Aug. 29, 2012 /PRNewswire/ -- HedgeServ, an independent global fund administrator, has added a Form PF (Private Fund) enterprise reporting solution to its service offering. Designed to help hedge funds, private equity funds, and other private fund managers comply with SEC regulatory filing requirements, HedgeServ's solution streamlines the Form PF data gathering process and creates reports that can be electronically filed directly with the SEC.

Form PF is a Dodd-Frank US regulatory filing intended to help the SEC monitor industry-wide systemic risk. The filing requires fund managers to indentify, map, verify, normalize, aggregate and store considerable information from a variety of internal and external sources. Registered investment advisors managing more than $150 million of regulatory assets under management (RAUM) must file on either a quarterly or annual basis. "Large Filers", those fund managers with over $5 billion of RAUM, are required to make their initial filings by August 29, 2012.

HedgeServ ensures that investment managers are successfully prepared for their Form PF filings through a systematic, thoughtful and controlled process focused on rigorous pre-filing testing for accuracy and completeness.

"We are pleased to include a comprehensive Form PF solution among our highly capable service offering. Our solution has been well-received by our Large Filer clients who have recently completed the process, validating our ability to help fund managers address their complex regulatory challenges," said Justin Nadler, Co-Founder and President of HedgeServ. "Unlike many administrators that offer incomplete services reliant on legacy systems, spreadsheets, and manual processes, HedgeServ operates an integrated front-to-back office technology platform underpinned by a single database -- and so we are able to uniquely meet the industry's need for an institutional-quality Form PF solution."  

About HedgeServ

HedgeServ is an independent global provider of fund administration services, currently servicing over $150 billion in assets under administration and 25,000 investors globally. HedgeServ employs over 500 professionals across its offices in New York, Dublin, London, Chicago, and Grand Cayman.

HedgeServ has set the benchmark for client satisfaction by focusing on excellence in service.  HedgeServ clients benefit from a collaborative solution which extends their own capabilities, reduces their total costs, and delivers the flexibility and scale to meet their business, regulatory, and investor needs.  The HedgeServ Culture of Excellence is underpinned by the industry's most experienced client service professionals and an unmatched track record of delivering accurate and timely information to managers and investors.  The HedgeServ technology platform provides managers with real-time access to all their portfolio, risk, accounting, and investor data and operates on a single database with SOC 1-certified controls.

HedgeServ supports all alternative investment strategies of hedge funds, funds of hedge funds, private equity funds, managed accounts and managed account platforms, UCITS funds, and other institutional investment programs.  For more information please visit www.HedgeServ.com.

For enquiries on HedgeServ fund administration and Form PF services, please contact:

Bill Kelly
HedgeServ, Global Head of Sales
+1 212 920 352
[email protected]

For media enquiries please contact:

Leo LaForce
HedgeServ, Marketing & Communications
+1 212 920 356
[email protected]

Chenoa Taitt
Rooney & Associates
+1 212 223 068
[email protected]

SOURCE HedgeServ