D.E. Shaw Heads To Shanghai, Tokyo

Mar 8 2010 | 1:13pm ET

D.E. Shaw Group is the latest hedge fund opening new offices in Asia, with bases in China and Japan to open their doors in the coming months.

The $28 billion New York firm’s Shanghai office will focus on private equity. D.E. Shaw already has an office in Hong Kong; the Shanghai base will be its first in mainland China.

D.E. Shaw will also open an office in Tokyo, dealing with investor relations, marketing and account management, the Financial Times reports.

In addition to its existing Hong Kong home, D.E. Shaw also has enormous operations in India, with some 700 employees.

D.E. Shaw certainly isn’t alone in looking east. Maverick Capital, Moore Capital Management and Viking Global Investors are also planning offices in Asia.


In Depth

Q&A: George Schultze On His Fund's Unique Approach to Distressed Investing

Apr 16 2015 | 1:01am ET

George Schultze is a managing member of Schultze Asset Management, a long/short...

Lifestyle

Puerto Rico Woos The Rich But So Far Gains Little

Apr 17 2015 | 2:45am ET

Hedge fund manager Rob Rill grins. He has just had word that U.S. financial regulators...

Guest Contributor

Minnesota Supreme Court Rejects The Ponzi Scheme Presumption: Lenders Claw Back Some Of Their Own Rights

Apr 17 2015 | 9:23am ET

A recent court ruling in Minnesota has put an end to the Ponzi Scheme Presumption...

 

Editor's Note