D.E. Shaw Seeking Staff In Tokyo

Dec 10 2010 | 10:38am ET

Having already attracted "several hundreds of millions of dollars" in Tokyo, D.E. Shaw Group is looking for talent to help manage it.

The New York-based hedge fund has opened an office in Japan and currently has two employees stationed there. But that figure will grow as the office's offerings grow, the firm's Tokyo chief, Scott Roney, said.

"Our decision was primarily driven by our long-term objectives and our belief that a physical presence is crucial to building relationships with both current and prospective investors," Roney told HedgeWeek. He described the build-up as a "multi-year process."

D.E. Shaw last month moved executive committee member Julius Gaudio to Hong Kong to lead its growth efforts in the Asia-Pacific region.


In Depth

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...

 

FINalternatives Trending

From the current issue of