PMIJ framework overview
Reporting & Information Governance
Principles for durable reporting practice and the responsible handling of institutional review information.
Purpose
Maintain a reliable institutional record after initial preparation and diligence have begun.
This overview describes the framework's intended scope. It is designed to support preparation and institutional dialogue before or during formal review without prescribing an investment outcome.
Document control
Draft for institutional dialogue and consultation.
- Version
- 0.1
- Published
- 10 August 2026
- Owner
- PMIJ Standards Programme
- Consultation closes
- 30 September 2026
- Next review
- Fourth quarter 2026
- Revision history
- 0.1 — initial publication
Institutional allocators, managers, advisors and specialist contributors may submit written comments. Please identify the framework code, relevant section and institutional perspective.
Submit a consultation commentFramework scope
Reporting continuity
Define the expected rhythm, ownership and content of manager and fund updates after an initial institutional review.
- Performance and valuation reporting
- Portfolio, risk and material-event updates
- Capital activity and liquidity information
- Operational, governance and team changes
Document governance
Maintain an identifiable record of documents, versions, permissions and distribution conditions.
- Document ownership and version history
- Access permissions and confidentiality status
- Retention, replacement and withdrawal
- Authoritative versus supplementary materials
Request and response records
Preserve continuity when information requests involve multiple institutional teams, advisors and manager representatives.
- Request date, owner and institutional purpose
- Response status and supporting materials
- Outstanding questions and agreed follow-up
- Escalation and exception records
Responsible information handling
Apply proportionate controls to the collection, use and sharing of confidential institutional materials.
- Purpose-limited access and least-privilege permissions
- Secure transmission and storage expectations
- Incident and access-revocation procedures
- Applicable legal and contractual requirements
Institutional boundary
Independent review remains with the institution.
This framework is not a certification or recommendation.
Use of the framework does not imply PMIJ endorsement, regulatory approval, suitability, investor interest or a positive investment conclusion. Managers remain responsible for their information. LPs and their advisors conduct their own diligence and make their own decisions.