kaal:claim:2739479-020

A majority of private fund adviser respondents in both surveys, 72 percent in 2012 and 75 percent in 2015, did not plan any strategic response, meaning any action to avoid or limit the impact of Title IV.

Source quote, verbatim
Figure 2 indicates that in both 2012 and 2015 a majority (72% and 75%) of private fund adviser respondents did not plan a strategic response to Title IV of the Dodd-Frank Act. "Strategic responses" in both surveys describe actions taken to avoid or limit the impact of Title IV.
From

Wulf A. Kaal, The Post Dodd-Frank Act Evolution of the Private Fund Industry Comparative Evidence from 2012 and 2 (2016), IV.1. Adviser Response to Dodd-Frank, p. 33
https://ssrn.com/abstract=2739479 · source PDF

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Wulf A. Kaal, The Post Dodd-Frank Act Evolution of the Private Fund Industry Comparative Evidence from 2012 and 2 (2016). SSRN: https://ssrn.com/abstract=2739479

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empiricalsupport: evidencedempirical-evidenceprivate-funds

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