Investment Funds – Page 3

Teaching “#coding for #Lawyers” @TilburgU

May 1, 2017

Teaching “#coding for #Lawyers” @TilburgU -: today’s Session Why Coding for Lawyers? Answer: #disruptive #innovation #ai #ml #bigdata #blockchain and: https://lnkd.in/eVjGmvZ  Here are the slides for today’s session: https://lnkd.in/e5d7cq7  Many thanks to @erikpmvermeulen and Ingrid van Eeghem – we missed you in class but students were fantastic with wonderful discussion / questions and deep insights […]

Private Fund Fee Structure and Blockchain Applications

April 27, 2017April 27, 2017

(Forthcoming: Lowell Milken Institute for Business Law and Policy – UCLA School of Law) Fully Cited Version: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2959730 The traditional 2/20 fee structure of private investment funds has come increasingly under pressure in the last ten years. Several market factors help explain the pressure on the fee structure of the private investment fund industry. Private fund […]

Dynamic Regulation Via Contingent Capital

April 24, 2017

Dynamic Regulation Via Contingent Capital Review of Banking and Financial Law, Vol. 36, 2017 16 Pages Posted: Wulf A. Kaal University of St. Thomas, Minnesota – School of Law Date Written: April 24, 2017 Abstract Contingent capital securities are a largely overlooked dynamic regulatory mechanism. This essay evaluates the use of contingent capital securities in […]

Legal Education in the Blockchain Revolution

March 22, 2017March 25, 2017

Mark Fenwick*, Wulf A. Kaal* & Erik P.M. Vermeulen** Abstract The legal profession is one of the most disrupted sectors of the consulting industry today. The rise of Legal Tech, artificial intelligence, big data, machine learning, and, most importantly, blockchain technology is changing the practice of law. The sharing economy and platform companies challenge many […]

Blockchain Innovation for Private Investment Funds

March 8, 2017

Forthcoming– Cayman Financial Review (April 2017) Blockchain technology offers unprecedented innovation opportunities for the private investment fund industry. Several private investment funds have spearheaded the implementation of blockchain technology and smart contracting in their business model. While some funds simply focus on trading bitcoin and other cryptocurrencies to avoid market fluctuations, others invest in and/or […]

Dynamic Regulation Via Investment Data as a Remedy for Law’s Diminishing Capacity to React to Innovation

September 19, 2016

First published at: https://www.law.ox.ac.uk/business-law-blog/blog/2016/09/dynamic-regulation-investment-data-remedy-law’s-diminishing-capacity Key words: Disruptive Innovation, Venture Capital, Venture Investments, Dynamic Regulation, Feedback Effects, Optimized Information for Regulation, Anticipatory Regulation, Big Data In a series of recent papers – ‘Dynamic Regulation for Innovation’, ‘Regulation Tomorrow: What Happens When Technology Is Faster Than the Law?’, and ‘How to Regulate Disruptive Innovation – From Facts to […]

Empirical Evidence on proposed Investment Advisers Modernization Act

September 10, 2016September 10, 2016

The NYT today summarized the political background on the proposed Investment Advisers Modernization Act here: My Colleague, Jennifer Taub (Vermont) testified in the House Subcommittee on Financial Services in this context and was kind enough to cite some of my work: Investment Advisers Modernization Act of 2016 Here the two perhaps most relevant empirical findings on […]

Private Fund Investor Due Diligence – Evidence from 1995 to 2015

September 5, 2016

Private Fund Investor Due Diligence – Evidence from 1995 to 2015 http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2811718 Wulf A. Kaal University of St. Thomas, Minnesota – School of Law; European Corporate Governance Institute (ECGI) July 19, 2016 Review of Banking and Financial Law, 2016 U of St. Thomas (Minnesota) Legal Studies Research Paper No. 16-15 Abstract: The importance of private […]

Regulation Tomorrow: What Happens When Technology is Faster than the Law?

September 5, 2016

Regulation Tomorrow: What Happens When Technology is Faster than the Law? http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2834531 Mark Fenwick – Faculty of Law, Kyushu University Wulf A. Kaal – University of St. Thomas, Minnesota – School of Law; European Corporate Governance Institute (ECGI) Erik P. M. Vermeulen – Tilburg University – Department of Business Law; Philips Lighting – Legal Department; Tilburg Law and […]

Dynamic Regulation for Innovation

September 5, 2016

Dynamic Regulation for Innovation http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2831040 Wulf A. Kaal University of St. Thomas, Minnesota – School of Law; European Corporate Governance Institute (ECGI) August 27, 2016 Perspectives in Law, Business & Innovation (Mark Fenwick, Wulf A. Kaal, Toshiyuki Kono & Erik P.M. Vermeulen eds.), New York Springer (2016) Abstract: A large consensus in the literature suggests […]