D.E. Shaw & Co.
|D.E. Shaw & Co.|
|Headquarters||Based in New York, with offices in North America, Europe and Asia|
D.E. Shaw & Co. is a member of the D.E. Shaw group, a New York-based global investment and technology development firm with more than 1,600 employees and approximately $36 billion in investment and committed capital as of Oct. 1, 2008. It is one of the world's oldest and largest hedge funds. The firm's guiding principle when approaching risk management is that it cannot truly be separated from portfolio management.
DE Shaw is one of the highest-grossing hedge funds ever and a pioneer of “quantitative” investing, which is based on computer algorithms.
The firm was founded in 1988 by David E. Shaw, a former faculty member in the computer science department at Columbia University. While Shaw remains involved in certain higher-level strategic decisions affecting the investment management businesses of the firm, he is no longer actively involved in their day-to-day operations. The vast majority of his time is now devoted to his role as chief scientist of D.E. Shaw Research, LLC.
Products and Services
- Who We Are. D E Shaw.
- 25 Leaders Reshaping New York. Crain's New York Business.
- D. E. Shaw’s Max Stone Takes On “Risk”. Absolute Return.
- DE Shaw ordered to pay record $52mn to former star money manager. The Financial Times.