kaal:claim:2389423-004

Before Title IV, launching a hedge fund could be accomplished by raising roughly $25 to $50 million, whereas after the Dodd-Frank Act the required initial amount may have risen to around $100 million.

Setting up a hedge fund before the enactment of Title IV could be accomplished by raising around $25-50 million. After the enactment of the Dodd-Frank Act, this number may have increased to around $100 million.

Wulf A. Kaal, The Impact of Dodd-Frank Act Compliance Cost on the Hedge Fund Industry (2014), p. 3
https://ssrn.com/abstract=2389423 · source PDF

Wulf A. Kaal, The Impact of Dodd-Frank Act Compliance Cost on the Hedge Fund Industry (2014). SSRN: https://ssrn.com/abstract=2389423

• hedge fund startups
• comparison of pre and post Dodd-Frank Act market entry

empiricalsupport: assertedeconomicsinnovationprivate-funds

• restates kaal:claim:2150377-034 The compliance burden has raised the minimum viable scale for launching a hedge fund: an adviser reports that ...
• supports kaal:claim:1558614-037 The Dodd-Frank Act is notable for what it omits: it does not break up the largest banks, does little to help s...
• extended_by kaal:claim:2732915-038 The long-term effect of the Dodd-Frank Act on the private investment fund industry is likely to be characteriz...

The quote above is an exact substring of the source PDF, whose sha256 is 6b95323abbaffd00a012589531859f2938ab8b372d0243171059ff82e55a0838. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/71453acee0ca6532...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/2389423-004.md | sha256sum