D.E. Shaw & Co.
| D.E. Shaw & Co. | |
| Founded | 1988 |
|---|---|
| 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.[1] It is one of the world's oldest and largest hedge funds.[2] The firm's guiding principle when approaching risk management is that it cannot truly be separated from portfolio management.[3]
DE Shaw is one of the highest-grossing hedge funds ever and a pioneer of “quantitative” investing, which is based on computer algorithms.[4]
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.
History[edit]
Products and Services[edit]
Key People[edit]
References[edit]
- ↑ 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.