Tuesday, 26 May 2015
Last updated 6 min 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.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…