Visualization

Private Fund Statistics

Sept. 17, 2024

These data highlights visualize Private Fund Statistics – the periodic report produced by the Division of Investment Management’s Analytics Office. Please see the latest PDF report, and the downloadable Excel file, for additional information on the underlying data sources, methodologies, and key definitions. These statistics reflect staff’s compilation and analysis of data reported to the Commission on Form PF.

Only SEC-registered advisers with at least $150 million in private fund assets under management must report to the Commission on Form PF. SEC-registered investment advisers (RIAs) with less than $150 million in private fund assets under management, SEC exempt reporting advisers, and state-registered investment advisers are not required to file Form PF, but report general information about the private funds they manage on Form ADV. For aggregate statistics concerning private funds reported on Form ADV, see Investment Advisers - Total Private Funds Advised by RIAs or ERAs.

PF Statistics at a Glance

50,612
Private Funds Reported on Form PF in 2024Q3

+0.9%
Year-over-Year Change (2023Q3
2024Q3)



$24.3
Trillion (USD) Gross Assets in 2024Q3

+14.3%
Year-over-Year Change (2023Q3
2024Q3)

As reported on Form PF, Question 8.



$15.5
Trillion (USD) Net Assets in 2024Q3

+10.4%
Year-over-Year Change (2023Q3
2024Q3)

As reported on Form PF, Question 9.



Last Reviewed or Updated: June 13, 2025