Title IV of the Dodd-Frank Act introduced the most significant regulatory change in the history of the private fund industry. To analyze the effect of Title IV on the private fund industry, we use five years of private fund performance data with over 7,000 reporting private funds. Our findings...

Title IV of the Dodd-Frank Act introduced the most significant regulatory change in the history of the hedge fund industry in the United States, boosting the permissible regulatory oversight of the hedge fund industry to an unprecedented level. Title IV and SEC implementation rules introduced a...

Title IV of the Dodd-Frank Act of 2010 introduced the most significant regulatory change in the history of the private fund industry. Attempts to rescind Title IV via the Investment Advisers Modernization Act of 2016 illustrate the highly politically sensitive nature of Dodd-Frank Act...