The clear majority of respondents prefer an asset size above the $150 million AUM registration threshold after the enactment of Title IV, indicating that advisers respond to the threshold by growing past it rather than staying below it.
Source quote, verbatim
The clear majority of respondents prefer an assets size above the registration threshold of $150 million AUM.
From
Wulf A. Kaal, The Impact of Dodd-Frank Act Compliance Cost on the Hedge Fund Industry (2014), Data and Descriptive Statistics, p. 17 https://ssrn.com/abstract=2389423 · source PDF
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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
survey responses on preferred asset size after Title IV enactment
contestskaal:claim:2389416-014 Most of the 87 strategic funds keep their AUM very close to the $150 million disclosure threshold, oscillating...
contestskaal:claim:2389416-039 The mandatory registration requirement of the Dodd-Frank Act affects the hedge fund industry asymmetrically, w...
supportskaal:claim:2389416-004 Strategic behavior by fund advisers around the assets under management registration threshold produces a stron...
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