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Jim Simons Revamps Renaissance Board in Nod to New Generation

  • Hedge fund’s board doubled to 10 and includes ex-Obama counsel
  • Simons’s son Nathaniel gets co-chairman title alongside father
Jim Simons
Jim SimonsPhotographer: Amanda Gordon/Bloomberg

Renaissance Technologies is reshaping the group of directors who will eventually succeed founder Jim Simons in overseeing one of the world’s most lucrative hedge funds.

The firm is doubling the number of members on its board and has promoted Jim’s son, Nathaniel Simons, to co-chairman, according to regulatory filings.