Wednesday, 17 December 2014
Last updated 9 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.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.