BEA to Host Webinar on Wednesday to Explain Change Simplifying How Private Funds Report

The Bureau of Economic Analysis and the Treasury Department are preparing to implement a change that will simplify how certain cross-border investments by or into private funds are reported on Treasury International Capital, or TIC, surveys of portfolio investment and BEA surveys of direct investment.

The change will align the U.S. direct investment and portfolio investment data – used to produce official U.S. economic statistics – more closely with the financial characteristics of each type of investment. In addition, it will reduce the burden for reporters who include private funds in their reports.  That’s because many of them now report both to the TIC reporting system and to BEA’s direct investment reporting system.

Please join us for a webinar on Wednesday, April 20 at 1 p.m. eastern where BEA staff will explain the change in reporting requirements for private funds, share the timeline for implementing the change and answer your questions.

To register for the webinar and for additional information and resources on the change in reporting requirements for private funds, please visit www.bea.gov/privatefunds.


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