Renaissance Technologies Names Longtime Employee Lippe as Co-CEO
- Lippe will start with current CEO Peter Brown in July
- James Mammen will replace Lippe overseeing institutional funds
This article is for subscribers only.
Renaissance Technologies tapped longtime employee David Lippe to be co-chief executive officer of the $40 billion hedge fund firm, according to a note sent to investors.
Lippe will start his new job alongside CEO Peter Brown on July 1. Brown has been running the firm on his own since 2018, when his former co-head, Robert Mercer, stepped down.