Saturday, 25 October 2014
Last updated 12 hours ago
Dec 10 2010 | 9:38am 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.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
David and James Hamman launched their fundamental Livestock and Grains Program in March of 2010 but it really was decades in the making.