Barriers to entry for small firms are becoming an increasing problem in the private fund industry under the evolving post-Dodd-Frank legal environment, with references to such barriers rising from 24 percent of respondents in 2012 to 33 percent in 2015.
Source quote, verbatim
The 2015 survey responses suggest that barriers to entry for small firms are becoming increasingly a problem for the private fund industry in the continuously evolving post-Dodd-Frank-Act legal environment.
From
Wulf A. Kaal, The Post Dodd-Frank Act Evolution of the Private Fund Industry Comparative Evidence from 2012 and 2 (2016), V. Summary of Key Findings and Policy Implications, p. 53 https://ssrn.com/abstract=2739479 · source PDF
Cite as
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
Holds when
small private fund market entrants
2012 and 2015 survey responses about the next five years
supportskaal:claim:2732915-038 The long-term effect of the Dodd-Frank Act on the private investment fund industry is likely to be characteriz...
restated_bykaal:claim:2998097-015 The second survey found long-term negative effects of Title IV: 34.9 percent of respondents expected it to aff...
supportskaal:claim:2150377-033 Respondents identified the creation of barriers to entry as an industry level effect of the registration and d...
supportskaal:claim:2714974-040 Higher compliance costs from hedge fund regulation can create barriers to entry for new market entrants and ca...
extended_bykaal:claim:2998097-018 Because Title IV compliance costs bring increasing returns to scale and therefore favor larger firms, Title IV...
supportskaal:claim:2389423-005 Below $100 million in initial assets under management, the administrative cost of running a hedge fund in a po...
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