Certain private funds are exempt from BE-577 reporting. For more information on reporting requirements for private funds, visit www.bea.gov/privatefunds. If this entity received a notice to file the BE-577 survey from BEA and meets the criteria of a private fund at the link above, complete questions 1–4 on page 1 of the BE-577 form as well as question 29C in Part V (Certification of Exemption). If this entity did NOT receive a notice to file from BEA and is exempt from the BE-11 Annual Survey of U.S. Direct Investment Abroad, no action is necessary.