kaal:claim:2998097-008

Fund managers are unlikely to escape bank based indirect supervision by terminating a lending relationship, because their dynamic trading strategies depend on the immediate availability of capital and lending relationships now face increased scrutiny.

However, because private investment funds' dynamic trading strategies often depend on the immediate availability of capital, and given today's banking environment with increased scrutiny over lending and lending relationships, managers are unlikely to terminate a lending relationship.45

Wulf A. Kaal, Private Investment Fund Regulation - Theory and Empirical Evidence from 1998 to 2016 (2017), III.2 Indirect Regulation, p. 13
https://ssrn.com/abstract=2998097 · source PDF

Wulf A. Kaal, Private Investment Fund Regulation - Theory and Empirical Evidence from 1998 to 2016 (2017). SSRN: https://ssrn.com/abstract=2998097

• contemporary banking environment with heightened lending scrutiny
• funds running dynamic trading strategies

conditionsupport: arguedsystemic-riskdefiregulatory-failure

• restates kaal:claim:1806252-030 Because some hedge fund trading strategies depend on the immediate availability of capital and will not work w...
• supports kaal:claim:1806252-025 Basel III capital charges based on a bank's lending exposure to hedge funds could help address the threat of r...
• supports kaal:claim:2714974-031 Banks are uniquely positioned to discipline hedge fund behavior because their role as lenders, market makers, ...

The quote above is an exact substring of the source PDF, whose sha256 is 0955054f49c7011d33c285579bb046e6b284e42755b10fd2546a728c202669d5. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/35186c31bc603d14...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/2998097-008.md | sha256sum