Hints and tips:
...Millennium and DE Shaw, which are multi-strategy firms, took joint second place in the all-time rankings, making $5.7bn and $4.2bn last year respectively....
...Here’s what that looks like (zoomable version): So, put this with some concrete examples: DE Shaw rarely (if ever?)...
...DE Shaw killed it in 2022, and while Citadel’s performance will no doubt grate with Izzy Englander, Millennium had a great one too. Steve Cohen’s Point72 also chalked up a $2.4bn gain....
...DE Shaw, for example, last year jacked up the performance fees on its three main funds by 5 percentage points....
...For example, FTAV has heard that DE Shaw’s flagship fund made 24.7 per cent last year (its macro fund Oculus apparently made 20 per cent), and that Brevan Howard gained 20.1 per cent (Brevan’s Alpha Strategies...
...Millennium Management, DE Shaw, Balyasny and Point72 all made double-digit gains, even as many equity funds were hit by the technology stock slump....
...David Shaw’s DE Shaw, which manages about $27bn, gained 0.9 per cent in its main Composite fund but lost 2.3 per cent in its global macro Oculus fund, according to people familiar with its performance....
...Job moves FedEx has named Amy Lane and Jim Vena to its board after activist pressure from hedge fund DE Shaw....
...deliver for their beneficiaries,” said Jennifer Han, head of global regulatory affairs at the Managed Funds Association, an industry group that represents hedge funds including Bridgewater, AQR and DE Shaw...
...Other hedge funds such as DE Shaw, Baupost and TCI have been able to draw investors into new and existing funds in recent months....
...In 1988 he bankrolled a precocious computer scientist called David Shaw, whose eponymous hedge fund DE Shaw today manages more than $60bn and helped usher in the quant revolution that has rewired the investment...
...The oil company’s board was more intimidated by a shorter-lived campaign by the $55bn hedge fund DE Shaw....
...“There are weeks when risk becomes difficult to manage,” said Mark Connors, global head of risk advisory on Credit Suisse’s prime services desk....
...DE Shaw declined to comment....
...Roos joins from Citigroup, where he was most recently global co-head of equities and securities services....
...The pain is cushioned by DE Shaw paying 150 per cent of normal base salary during this “non-competition period”. But still some employees consider it an unfair restriction....
...He was previously at DE Shaw & Co. Lazard has hired Tim Wielechowski as a managing director in its middle market consumer, food and retail group....
...However, heavy losses to the tune of £470.2m, a billion-dollar debt and controversies over its data-sharing deals with the UK’s National Health Service have all raised questions about how it will prove its...
...DeepMind’s sales are exclusively to Alphabet and are described as technical service fees....
...The flagship investment vehicles of Renaissance Technologies, Two Sigma, Citadel and DE Shaw notched up hefty gains in 2018, underlining how some of the hedge fund industry’s biggest names have managed to...
...Dr Shaw says the industry is “under siege”, with pressures on pharmaceutical companies, hospital systems and doctors....
...Fifth was Israel Englander of Millennium Management, who made $975m, followed by Chris Hohn of TCI Management, Third Point’s Dan Loeb, Charles Coleman of Tiger Global, David Shaw of DE Shaw, and John Overdeck...
...Mr Gibson spent two decades with DE Shaw, the hedge fund manager, before founding Assiduous Investments, in 2015....
...DE Shaw is said to be exploring ways the company can cut costs and improve revenues....
...DE Shaw has also invested in QCWare, a quantum computing software start-up....
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