{"id":"https://openalex.org/W8089705","doi":"https://doi.org/10.2139/ssrn.1343673","title":"Hedge Funds and Prime Brokers: The Role of Funding Risk","display_name":"Hedge Funds and Prime Brokers: The Role of Funding Risk","publication_year":2009,"publication_date":"2009-01-01","ids":{"openalex":"https://openalex.org/W8089705","doi":"https://doi.org/10.2139/ssrn.1343673","mag":"8089705"},"language":"en","primary_location":{"id":"doi:10.2139/ssrn.1343673","doi":"https://doi.org/10.2139/ssrn.1343673","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.1343673","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},"volume":null,"type":"preprint","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://doi.org/10.2139/ssrn.1343673","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5075883193","display_name":"Benjamin Klaus","orcid":"https://orcid.org/0000-0003-4630-3907","observed_orcids":["https://orcid.org/0000-0003-4630-3907"]},"institutions":[{"id":"https://openalex.org/I153515283","display_name":"European Central Bank","ror":"https://ror.org/00ajckn66","country_code":"DE","type":"government","lineage":["https://openalex.org/I1320481043","https://openalex.org/I153515283"]}],"countries":["DE"],"is_corresponding":true,"raw_author_name":"Benjamin Klaus","raw_affiliation_strings":["European Central Bank (ECB), Frankfurt, Germany","European Central Bank (ECB)"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"European Central Bank (ECB), Frankfurt, Germany","institution_ids":["https://openalex.org/I153515283"]},{"raw_affiliation_string":"European Central Bank (ECB)","institution_ids":["https://openalex.org/I153515283"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5082653696","display_name":"Bronka Rzepkowski","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Bronka Rzepkowski","raw_affiliation_strings":["Committee of European Securities Regulators (CESR), 11-13 Avenue de Friedland, Paris F-75008, France","Committee of European Securities Regulators (CESR)"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Committee of European Securities Regulators (CESR), 11-13 Avenue de Friedland, Paris F-75008, France","institution_ids":[]},{"raw_affiliation_string":"Committee of European Securities Regulators (CESR)","institution_ids":[]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5075883193"],"corresponding_institution_ids":["https://openalex.org/I153515283"],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":23,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9136000275611877,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9136000275611877,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.020099999383091927,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.019200000911951065,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/hedge-funds","display_name":"hedge funds","score":0.9980000257492065},{"id":"https://openalex.org/keywords/prime-brokers","display_name":"prime brokers","score":0.996999979019165},{"id":"https://openalex.org/keywords/funding-risk","display_name":"financing risk","score":0.9940000176429749},{"id":"https://openalex.org/keywords/financial-distress","display_name":"financial distress","score":0.8740000128746033},{"id":"https://openalex.org/keywords/investor-redemptions","display_name":"investor redemptions","score":0.9629999995231628},{"id":"https://openalex.org/keywords/fund-performance","display_name":"fund performance","score":0.8460000157356262},{"id":"https://openalex.org/keywords/embeddedness","display_name":"embeddedness","score":0.5299999713897705},{"id":"https://openalex.org/keywords/illiquid-assets","display_name":"illiquid assets","score":0.847000002861023}],"concepts":[{"id":"https://openalex.org/C204434749","wikidata":"https://www.wikidata.org/wiki/Q105611","display_name":"Hedge fund","level":2,"score":0.7573328018188477},{"id":"https://openalex.org/C184992742","wikidata":"https://www.wikidata.org/wiki/Q7243229","display_name":"Prime (order theory)","level":2,"score":0.6795544624328613},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.6766171455383301},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.4995272159576416},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.4691428542137146},{"id":"https://openalex.org/C206757995","wikidata":"https://www.wikidata.org/wiki/Q1665188","display_name":"Institutional investor","level":3,"score":0.4640781879425049},{"id":"https://openalex.org/C18123600","wikidata":"https://www.wikidata.org/wiki/Q4736495","display_name":"Alternative beta","level":5,"score":0.4437108337879181},{"id":"https://openalex.org/C43089589","wikidata":"https://www.wikidata.org/wiki/Q5570807","display_name":"Global assets under management","level":4,"score":0.32185912132263184},{"id":"https://openalex.org/C39389867","wikidata":"https://www.wikidata.org/wiki/Q380767","display_name":"Corporate governance","level":2,"score":0.12692904472351074},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.0},{"id":"https://openalex.org/C114614502","wikidata":"https://www.wikidata.org/wiki/Q76592","display_name":"Combinatorics","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.2139/ssrn.1343673","doi":"https://doi.org/10.2139/ssrn.1343673","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.1343673","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"}],"best_oa_location":{"id":"doi:10.2139/ssrn.1343673","doi":"https://doi.org/10.2139/ssrn.1343673","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.1343673","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},"sustainable_development_goals":[],"sustainable_development_goals_aurora":[{"id":"https://metadata.un.org/sdg/17","display_name":"Partnerships for the goals","score":0.550000011920929}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":54,"referenced_works":["https://openalex.org/W1525043471","https://openalex.org/W1565586886","https://openalex.org/W1574366603","https://openalex.org/W1883212323","https://openalex.org/W1900931321","https://openalex.org/W1916345114","https://openalex.org/W2013226371","https://openalex.org/W2025400769","https://openalex.org/W2029792205","https://openalex.org/W2032504722","https://openalex.org/W2061436099","https://openalex.org/W2078710010","https://openalex.org/W2096708057","https://openalex.org/W2096918774","https://openalex.org/W2101266017","https://openalex.org/W2101434526","https://openalex.org/W2101833972","https://openalex.org/W2105973145","https://openalex.org/W2107539208","https://openalex.org/W2118320195","https://openalex.org/W2119188297","https://openalex.org/W2129929567","https://openalex.org/W2131243673","https://openalex.org/W2143841915","https://openalex.org/W2155797117","https://openalex.org/W2163980978","https://openalex.org/W2165723500","https://openalex.org/W2169951764","https://openalex.org/W2593925879","https://openalex.org/W2623733367","https://openalex.org/W2735204368","https://openalex.org/W2742396558","https://openalex.org/W2898827384","https://openalex.org/W3022442630","https://openalex.org/W3023539864","https://openalex.org/W3121630491","https://openalex.org/W3122124451","https://openalex.org/W3122632517","https://openalex.org/W3122840957","https://openalex.org/W3122905682","https://openalex.org/W3123209068","https://openalex.org/W3123884320","https://openalex.org/W3124792793","https://openalex.org/W3125328842","https://openalex.org/W3125339970","https://openalex.org/W3125346872","https://openalex.org/W3125500800","https://openalex.org/W3126113144","https://openalex.org/W3167844774","https://openalex.org/W3212026773","https://openalex.org/W4232246757","https://openalex.org/W4235786178","https://openalex.org/W4242375973","https://openalex.org/W4406996871"],"related_works":["https://openalex.org/W2979429866","https://openalex.org/W4404960240","https://openalex.org/W4401505340","https://openalex.org/W7117461871","https://openalex.org/W3125604926","https://openalex.org/W2734518841","https://openalex.org/W3101348832","https://openalex.org/W2277502532","https://openalex.org/W3121814990","https://openalex.org/W2964849713"],"abstract_inverted_index":null,"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2022,"cited_by_count":1},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":3},{"year":2018,"cited_by_count":2},{"year":2017,"cited_by_count":3},{"year":2016,"cited_by_count":1},{"year":2015,"cited_by_count":2},{"year":2014,"cited_by_count":3},{"year":2013,"cited_by_count":1},{"year":2012,"cited_by_count":3}],"updated_date":"2026-11-02T09:45:03.842371","created_date":"2016-06-24T00:00:00"}
