D.E. Shaw’s Two Biggest Funds Post Double-Digit Gains for 2021
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D.E. Shaw & Co., the quantitative hedge fund giant, ended 2021 with double-digit gains for its two biggest funds.
The flagship Composite Fund rose 18.5% on the year, according to a person with knowledge of the matter, placing it among the top performing multistrategy funds. The vehicle, which invests across asset classes and geographies, is D.E. Shaw’s largest, the person said, and has posted just one down year since its debut two decades ago.