DE Shaw & Co.
| DE Shaw & Co | |
|---|---|
| legal form | Limited partnership |
| founding | 1988 |
| Seat | New York City , United States |
| Branch | Finances |
| Website | www.deshaw.com |
DE Shaw & Co. is an American hedge fund headquartered in New York City .
The company was founded in 1988 by computer scientist David E. Shaw . In 2002, he gave up management to devote himself to biomedical research. The company employs around 1,600 people. The company is considered a pioneer in high-speed trading of securities based on algorithms. The fund was worth $ 50 billion in 2019.
Web links
Individual evidence
- ^ Entry by David E. Shaw on Forbes , Retrieved October 18, 2019