Hedge Funds – A New Era of Transparency

Hedge funds play a critical role in capital formation, and are increasingly influential participants in the capital markets.  The hedge fund industry is transitioning from a secretive industry to a widely-recognized and influential group of investment managers. Mary Jo White’s speech at the Managed Funds Association Conference on October 18, 2013 underscores the transformation of the […]

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HEDGE FUND REGULATION SYMPOSIUM

UNIVERSITY OF MINNESOTA LAW SCHOOL CORPORATE INSTITUTE HEDGE FUND REGULATION SYMPOSIUM Tuesday, November 5, at 3:15-5:15PM (Reception to follow) University of Minnesota Law School Room 25 Applied for CLE Credits – 2 hours (No charge) RSVP to melloh@umn.edu   US hedge fund regulation under the Dodd-Frank Act of 2010…European hedge fund regulation…legal and illegal use […]

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Hedge Fund Performance after the Dodd-Frank Act – Presentation at the Midwestern Law & Economics Association

Paper presentation at 9:00 AM on Friday, October 11 at the University of Illinois in Champaign Urbana – Presentation at the Midwestern Law & Economics Association. Hedge Fund Performance After the Dodd-Frank Act – A Regression Discontinuity Analysis  by  Wulf A. Kaal (UST Minneapolis)* Barbara Luppi (Modena Italy)* Sandra Paterlini (EBS Germany)* Abstract Title IV of […]

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Form PF Survey 2013

Take FORM PF SURVEY ONLINE – completely anonymous Download Form PF Survey Questionnaire in Word Format To: Private Fund Advisers Registered with the SEC Chief Legal / Compliance Officer To Whom It May Concern From: Professor Wulf A. Kaal 1000 LaSalle Ave., MSL 400 Minneapolis, MN 55403 Telephone: (651) 962-4972 Cell: (312) 810-4390 Facsimile: (651) […]

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The Hedge Fund Industry after the Lift of the Ban on General Solicitation

The SEC yesterday approved final rules implementing one of the most important changes to securities regulation and offering practices in decades, as mandated by Congress in the Jumpstart Our Business Startups (“JOBS”) Act: to lift the ban on general solicitation or advertising in offerings to accredited investors that are exempt from registration under Rule 506 […]

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The Effect of the Dodd-Frank Act on the Hedge Fund Industry

Presenting initial findings of this study on June 14th  at the  2013 Junior Scholars Workshop on Financial Services Law at the University of Connecticut School of Law  Here is the tentative abstract: Creating a paradigm shift for private fund regulation in the United States, Title IV of the Dodd-Frank Act mandates hedge fund adviser registration […]

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A Bright Future for the Hedge Fund Industry and its Impact on Policy Making

The Financial Times reports that hedge funds have transformed themselves and are increasingly influencing policy. My own work provides some empirical support for these observations. My study “Hedge Fund Manager Registration under the Dodd Frank Act” shows that hedge fund managers are only mildly affected by unprecedented registration and disclosure obligations under the Dodd-Frank Act and will be […]

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