The U.S. Securities and Exchange Commission (SEC) announced on Friday that it has published a report that provides aggregate statistics and trends on the private fund industry, including hedge funds, based on data reported by private fund advisors in regulatory filings.
Most of the data is being made public for the first time, the SEC says in a statement.
The report, which covers data from the first quarter of 2013 through the fourth quarter of 2014, includes statistics about the distribution of borrowings, an analysis of hedge fund gross notional exposure to net asset value, and a comparison of average hedge fund investor and hedge fund portfolio liquidity.
“We believe that investors evaluating investments in private funds will benefit from access to this additional information about the private funds and their advisers,” says Mary Jo White, SEC chairwoman in a statement. “These statistics also should facilitate constructive feedback and additional analysis that could be used by the Commission and others.”
The SEC intends to update the private fund statistics report periodically, it says.