Increased operational and SEC reporting requirements are some of the ways Form PF will impact private funds in the future, says Tony Perricone, a partner at law firm Jones Day. Form PF, which requires an added level of reporting information from SEC-registered advisers to hedge funds and other private funds managing $150 million or more, "is here to stay," Perricone adds. - Sarah Hashim-Waris
Goldman, Sachs & Co. veteran Tracy Caliendo will join Bank of America Merrill Lynch in September as a managing director and head of Americas equity hedge fund services. For other updates launch today's Movers & shakers slideshow.