Category: Investment Advisers

New Hedge Fund Data on SEC Form PF – Presentation at Investment Fund Roundtable

        

Investment Fund Roundtable program 1 2014 Investment Funds A Roundtable Discussion Brooklyn Law School Friday, January 31, 2014 Discussion Agenda Session I:      Fiduciaries: Harmonizing the Standard of Conduct for Financial Intermediaries Moderator: Deborah A. DeMott, Duke University School of Law Is there and ought there be a common standard of conduct for financial intermediaries toward […]

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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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Presenting on “Hedge Fund Compliance Cost” at Canadian Law & Economics Association in Toronto

        

Presentation at the Canadian Law and Economics Association annual meeting  on September 29, 2013 in Toronto:   The Impact of Compliance Cost of Financial Regulation ­- Evidence from the Private Fund Industry by Wulf A. Kaal Abstract  A common complaint about financial regulation is that it predominantly affects smaller firms because the cost of compliance brings increasing […]

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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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Lifting the Ban on General Solicitation for Private Funds

       

I previously commented on the bright future for the hedge fund industry. More good news for the industry it seems: private funds could find the ban on general solicitation lifted very soon under SEC rules implementing the provisions of the JOBS Act. Europe’s pending new AIFM regime for alternative investments is stricter but still has lots […]

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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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Summary of Recent Study on Hedge Fund Manager Registration under Title IV of the Dodd-Frank Act

       

Read the article at Cayman Financial Review Read the full study This article summarises the results of a recent survey of private fund managers.* The study identifies the possible effects of hedge fund adviser registration under the Dodd-Frank Act and is intended to support policy makers in implementing new rules pertaining to the hedge fund […]

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