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 "text": "The author stipulates the term nominal confluence: legal requirements that are formally identical for mutual and hedge fund managers but that operate in materially different ways in practice, so formal legal convergence overstates actual convergence.",
 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0000-0003-0757-275X"
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 "citation": "Kaal, Confluence of Mutual and Private Funds (2016). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2715083",
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  "name": "Confluence of Mutual and Private Funds",
  "datePublished": "2016",
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 "abstract": "The term \"nominal confluence\" as used herein describes otherwise identical legal requirements for mutual and hedge fund managers that can be materially different in practice.",
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