id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
cblr-2952	Davidoff, Steven M.	Black Market Capital	2008	97	.pdf	application/pdf	35087	1395	52	Managers from traditional private equity funds are now forming their own SPAC vehicles as alternatives to commencing their own private equity funds.83 The rise of SPACs, as with hedge fund and private equity fund advisers, has been attributed to their perceived proper- ties as a substitute for private equity fund investments. These laws foreclose hedge funds and private equity fund investment, but permit black market substitute investments and markets.	cache/cblr-2952.pdf	txt/cblr-2952.txt
