Finance

D.E. Shaw Promotes Deaton, Prasad to Top Posts as Wepsic Departs

  • Deaton, Prasad to join executive committee effective April 1
  • Committee runs the $60 billion hedge fund’s global investments
Anoop Prasad and Adam DeatonSource: D.E. Shaw & Co.
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D.E. Shaw & Co. appointed veteran managing directors Adam Deaton and Anoop Prasad to the executive committee that runs the hedge fund giant.

Eric Wepsic, 54, a member of the panel who has worked at the firm for three decades, will leave at the end of March, according to an investor letter seen by Bloomberg.