Friday, 30 January 2015
Last updated 1 hour ago
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.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…