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 "identifier": "kaal:entity:adviser-behavior",
 "name": "Adviser behavior",
 "termCode": "adviser-behavior",
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 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0000-0003-0757-275X"
 },
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  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/2732915-018",
   "identifier": "kaal:claim:2732915-018",
   "text": "A majority of private fund adviser respondents, 74.5 percent, do not plan any strategic response to Title IV of the Dodd-Frank Act.",
   "abstract": "majority (74.5%) of private fund adviser respondents do not plan a strategic response to Title IV of the Dodd-Frank Act.",
   "citation": "Wulf A. Kaal, The Private Fund Industry Five Years after the Dodd-Frank Act – A Survey Study (2016). SSRN: https://ssrn.com/abstract=2732915",
   "datePublished": "2016",
   "claim_type": "empirical",
   "confidence": "evidenced",
   "is_failure_mode": false,
   "scope_conditions": [
    "N=69 survey respondents",
    "strategic response understood as action to avoid or limit the impact of Title IV"
   ],
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   "status": "current"
  },
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/2732915-020",
   "identifier": "kaal:claim:2732915-020",
   "text": "Private fund advisers in the sample did not terminate existing employment relationships, and only few severed advising relationships, changed fund legal structure, liquidated positions, changed investment styles or portfolio structure, or closed funds to new investors.",
   "abstract": "Private fund advisers in the sample did not terminate existing employment relationships. Few respondents severed an advising relationship, changed funds' (legal) structure, liquidated positions, changed investment styles, changed portfolio structure, or closed funds to new investors.",
   "citation": "Wulf A. Kaal, The Private Fund Industry Five Years after the Dodd-Frank Act – A Survey Study (2016). SSRN: https://ssrn.com/abstract=2732915",
   "datePublished": "2016",
   "claim_type": "empirical",
   "confidence": "evidenced",
   "is_failure_mode": false,
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   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/2732915-027",
   "identifier": "kaal:claim:2732915-027",
   "text": "Of the advisers who responded, 70.60 percent would not take the current regulatory regime into account in determining the assets under management size of their funds.",
   "abstract": "Of those who responded, 70.60% would not take the current regulatory regime into account in determining the AUM size of their funds.",
   "citation": "Wulf A. Kaal, The Private Fund Industry Five Years after the Dodd-Frank Act – A Survey Study (2016). SSRN: https://ssrn.com/abstract=2732915",
   "datePublished": "2016",
   "claim_type": "empirical",
   "confidence": "evidenced",
   "is_failure_mode": false,
   "scope_conditions": [
    "responses to survey question 7"
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  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/2732915-029",
   "identifier": "kaal:claim:2732915-029",
   "text": "Among advisers who factor the regulatory regime into fund sizing, the direction of adjustment is split: 18.2 percent would lower assets under management to avoid the regulatory hassle, while 27.3 percent would still increase AUM and another 27.3 percent seek the right size to cover expenses.",
   "abstract": "While 18.2% would lower their AUM to avoid the regulatory hassle, 27.3% would actually still want to increase their AUM. Another 27.3% indicated a desire to attain the right size to cover expenses.",
   "citation": "Wulf A. Kaal, The Private Fund Industry Five Years after the Dodd-Frank Act – A Survey Study (2016). SSRN: https://ssrn.com/abstract=2732915",
   "datePublished": "2016",
   "claim_type": "empirical",
   "confidence": "evidenced",
   "is_failure_mode": false,
   "scope_conditions": [
    "respondents who answered yes to survey question 7"
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   "status": "current"
  },
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/2998097-029",
   "identifier": "kaal:claim:2998097-029",
   "text": "Since 2010 private fund advisers increasingly engaged in investor due diligence partly to protect themselves from investor criticism and lawsuits, rather than in response to regulatory mandate.",
   "abstract": "the data provided in the author's study suggested that since 2010 private fund advisers increasingly engaged in private fund investor due diligence, partially in an effort to protect themselves from investor criticism and lawsuits.163 Since",
   "citation": "Wulf A. Kaal, Private Investment Fund Regulation - Theory and Empirical Evidence from 1998 to 2016 (2017). SSRN: https://ssrn.com/abstract=2998097",
   "datePublished": "2017",
   "claim_type": "empirical",
   "confidence": "evidenced",
   "is_failure_mode": false,
   "scope_conditions": [
    "SEC Form ADV Part II filings 2007 to 2014, N=100392",
    "due diligence litigation record 1995 to 2015, N=572"
   ],
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  }
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 "description": "5 claims in the published works of Wulf A. Kaal carry the concept tag 'adviser-behavior'. Derived node: a roster, not an adjudicated definition."
}