# kaal:claim:2959730-041

**Claim.** Survey responses from blockchain using private investment fund advisers show that their fee structure deviates from the traditional 2/20 model, with responding managers reporting alternative fee structures that benefited their clients.

**Type.** empirical  **Support.** evidenced

**Holds when.**

- n=59 survey responses drawn from the dataset
- the author could not obtain responses from all managers in the dataset

**Source quote.**

> The graph illustrates that the fee structure of those private investment fund advisers that use blockchain technology (and responded to the survey) deviates from the traditional 2/20 model.

**From.** Wulf A. Kaal, *Blockchain Applications and Fee Structure Developments in Private Investment Funds* (2017), VI. Blockchain-Enabled Pressure on Fee Structure, page 18

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

**Verify.** sha256 of source PDF `ebd86972d8817b0c1c80326ae5564476983cedba3f258ff3b2610f156b93fb50` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202017%20-%20Blockchain%20Applications%20and%20Fee%20Structure%20Developments%20in%20Private%20Investment%20Funds.pdf

**Topics.** empirical-evidence, blockchain

**Keywords.** survey-evidence, fee-structure, blockchain, alternative-fees

**Related claims.**

- restated_by: https://wulfkaal.github.io/claims/2998033-030

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.