The study's core hypothesis, drawn from the industry view and the anecdotal evidence, is that smaller hedge fund advisers pay more relative to their size than larger hedge fund advisers for Title IV compliance.
Source quote, verbatim
Hypothesis: Dodd-Frank Effect on Hedge Fund Category. Smaller hedge fund advisers pay more relative to their size than larger hedge fund advisers for Title IV Compliance.
Wulf A. Kaal, The Impact of Dodd-Frank Act Compliance Cost on the Hedge Fund Industry (2014). SSRN: https://ssrn.com/abstract=2389423
Holds when
hedge fund advisers across the AUM spectrum
Classification
empiricalsupport: arguedcomplianceprivate-funds
Related claims
supported_bykaal:claim:2732915-023 Up to $100,000 in additional Dodd-Frank compliance cost is a significant imposition on a smaller private fund ...
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