Lots of Private Fund CCOs Wear Multiple Hats

Read some great research by Regulatory Compliance Watch. Bill Myers wrote a story summarizing the Form ADV data for over 4500 private fund advisers. Of that, at least 2800 had more than one job at the firm.

Only 622 listed the title for their CCO as only compliance officer. The most common other hat was CFO, followed by general counsel.

Sources:

• Three-Fifths of Private Fund CCOs Wearing Multiple Hats