Dee Shaw Wikipedia (2024)

FAQs

What exactly does De Shaw do? ›

The D. E. Shaw group is trusted by investors across the world to manage their assets by seeking the optimal balance of risk and reward. While we're known as a pioneer in quantitative investing, we also have considerable expertise in areas that involve fundamental analysis or portfolio manager discretion.

Over the past decade, we've received more than 65 industry award nominations, winning in multiple categories, including for overall management, fund performance, and operational excellence.

Engages in trading of systematic forecasts generally based on technical inputs or on macroeconomic data; instruments traded relate to equity indices, government bonds and interest rates, currencies, and commodities.

The firm he established, DE Shaw & Co., oversees a significant amount of assets, surpassing $60 billion, indicating the success of his investment strategies. As of March 2024, his net worth was estimated at somewhere around $8.3 billion.

The company also uses qualitative analysis to make private equity investments in technology, wind power, real estate, financial services firms, and distressed company financing. D. E. Shaw & Co. has also provided private equity capital to technology-related business ventures.

Since inception, the fund has returned 12.5 percent and has only had one down year. The fund posted lower performance than in 2022, when it returned 24.6 percent. The strong returns come amid a busy year for D.E. Shaw, which manages some $60 billion in investment capital.

The average Quantitative Analyst base salary at D. E. Shaw & Co. - Investment Firm is $161K per year.

- Investment Firm scored higher in 1 area: CEO Approval. Jane Street scored higher in 6 areas: Overall Rating, Diversity & Inclusion, Senior Management, Compensation & Benefits, Career Opportunities and Recommend to a friend.

The highest-paying job at DE Shaw is a Associate Director with a salary of ₹79.5 Lakhs per year.

Overall, 85% of employees would recommend working at D. E. Shaw & Co. - Investment Firm to a friend. This is based on 219 anonymously submitted reviews on Glassdoor. How do job seekers rate their interview experience at D. E. Shaw & Co.

Where is D. E. Shaw headquarters? ›

New York, NY

D. E. Shaw & Co. / Headquarters

Pioneering Quantitative Trading Methods

In its early days, D.E. Shaw revolutionized trading by applying advanced quantitative methods. Through mathematical, computer science, and statistical insights, the firm developed sophisticated models to analyze market data.

This article reviews the three most successful quantitative trading firms: Renaissance Technologies – Medallion Funds and Institutional Equities Funds, Two Sigma, and D.E. Shaw – Composite Fund.

David Elliot Shaw (born March 29, 1951) is an American billionaire scientist and former hedge fund manager. He founded D. E. Shaw & Co., a hedge fund company which was once described by Fortune magazine as "the most intriguing and mysterious force on Wall Street".

Shaw, the group's chief scientist, D. E. Shaw Research develops technologies for molecular dynamics simulations (including Anton, a massively parallel special-purpose supercomputer, and Desmond, a software package for use on conventional computers and computer clusters) and applies such simulations to basic scientific ...

D.E. Shaw & Co., L.P. is a multinational investment management firm founded in 1988 by David E. Shaw and based in New York City.

Mission and Vision of D. E. Shaw

D. E. Shaw believes in supporting organizations, competitions, and conferences that are educating the next generation of leaders and working to make finance and technology more inclusive.

D. E. Shaw Composite Fund, L.L.C. is a Hedge Fund in New York, that has raised $11.32 bn from 786 investors, with a minimum investment of $1.00 mm, for a fund started in Mar 2001. Data from SEC filing on 23 Aug 2024.