kaal:claim:2959730-007

New managers increasingly face contested track records, meaning the new firm cannot get a consensus from the manager's old employer about the manager's track record with that employer.

Source quote, verbatim

Moreover, the industry is increasingly seeing contested track records for new managers, i.e., the new firm cannot get a consensus from the new manager's old employer about the manager's track record with that employer.

From

Wulf A. Kaal, Blockchain Applications and Fee Structure Developments in Private Investment Funds (2017), II. Changing Fee Structure, p. 6
https://ssrn.com/abstract=2959730 · source PDF

Cite as

Wulf A. Kaal, Blockchain Applications and Fee Structure Developments in Private Investment Funds (2017). SSRN: https://ssrn.com/abstract=2959730

Holds when

first time managers spinning out of a prior employer

Classification

failuresupport: assertedfailure: Contested track record problem for new managersfamily: information-asymmetryreputation

Verify

The quote above is an exact substring of the source PDF, whose sha256 is ebd86972d8817b0c1c80326ae5564476983cedba3f258ff3b2610f156b93fb50. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/ce0daac62355ba9b...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/2959730-007.md | sha256sum