kaal:claim:2447306-006

High quality private fund data is scarce because the industry's entrenched interest in confidentiality combined with decades of regulatory exemption from registration and transparency requirements left no reservoir of comparable disclosure to study.

Source quote, verbatim
Because of the private fund industry's particular interest in confidentiality and privacy and decades-old regulations that allowed the industry to remain exempt from registration and transparency requirements, high quality private fund data are rather limited.
From

Wulf A. Kaal, Private Fund Disclosures Under the Dodd-Frank Act (2014), III. Methodology, 2. Sampling Constraints, p. 10
https://ssrn.com/abstract=2447306 · source PDF

Cite as

Wulf A. Kaal, Private Fund Disclosures Under the Dodd-Frank Act (2014). SSRN: https://ssrn.com/abstract=2447306

Holds when
Classification

mechanismsupport: arguedfailure: opacity-blocks-measurementfamily: measurement-and-metric-failureeconomicsprivate-fundsempirical-evidenceresearch-methods

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