DE Shaw Co

Read About Hedge Funds

Key Facts

Founded1988
Websitehttp://www.deshaw.com/
HeadquartersNew York
Other OfficesSan Francisco
Employees473
AUM$81.3 billion
AUM as ofMay 5, 2017
StrategiesQuantitative
Clients37

Overview

DE Shaw Co is a hedge fund based in New York with offices in San Francisco. It was founded in 1988 by David Elliot Shaw (Wall Street's King Quanthttp://money.cnn.com/magazines/fortune/fortune_archive/1996/02/05/207353/index.htm ). They hold $81.3 billion in assets under management as of May 5, 2017. Read their Plain English Brochure. Very quantitative, hiring mathematicians and scientists, they see themselves as a leader in computational finance.

Sixth largest hedge fund in Institutional Investor's 2008 Hedge Fund 100, down from Fourth in 2007http://www.iimagazine.com/Rankings/rankingsHeFu100RGlobal08.aspx?LS=EMS204396

Sub Funds and Performance

NameAUM (bn) Type Min Investment Num Clients Internal $ % Fund of Funds $ % Prime Brokers
D. E. Shaw Alkali Portfolios II, L.L.C. 0.279 hedge fund 1,000,000 42 8.0 14.0 Bank Of America, N.A., Barclays Bank Plc, Barclays Capital Securities, Ltd., Citi, Credit Suisse International, Credit Suisse, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Royal Bank Of Canada, Societe Generale
D. E. Shaw Alkali Portfolios III, L.L.C. 0.283 hedge fund 1,000,000 52 4.0 Barclays Bank Plc, Barclays Capital Securities, Ltd.
D. E. Shaw Alkali Portfolios, L.L.C. 0.070 hedge fund 1,000,000 33 24.0 15.0 Barclays Bank Plc, Barclays Capital Inc., Barclays Capital Securities, Ltd., Credit Suisse International, Credit Suisse
D. E. Shaw Asymptote Portfolios, L.L.C. 0.217 hedge fund 1,000,000 11 23.0 63.0 Barclays Bank Plc, Barclays Bank Plc, New York Branch, Barclays Capital Inc., Barclays Capital Securities, Ltd., Deutsche Bank, Deutsche Bank Securities Inc., Macquarie Bank Ltd., Merrill Lynch International, Merrill, Merrill Lynch, Pierce, Fenner & Smith Incorporated
D. E. Shaw Composite Portfolios, L.L.C. 33.430 hedge fund 1,000,000 814 10.0 23.0 Bank Of America N.A., Barclays Bank Plc, Barclays Bank Plc, New York Branch, Barclays Capital Inc., Barclays Capital Securities, Ltd., Bnp Paribas, Bnp Paribas Sa, Citibank N.A., Citi, Credit Suisse International, Credit Suisse Securities (Europe) Limited, Credit Suisse, Deutsche Bank, Deutsche Bank Securities Inc., Goldman, Guggenheim Securities, LLC, Hsbc Bank Plc, Hsbc Bank USA, N.A., JP Morgan, Jpmorgan Chase Bank N.A., Macquarie Bank Limited, Merrill Lynch Capital Services, Inc., Merrill Lynch International, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan Stanley & Co. Incorporated, Morgan Stanley & Co. International Plc, Morgan Stanley, Morgan Stanley Bank, N.A., Morgan Stanley Capital Services, Inc., Natixis New York Branch, Natixis S.A., Natixis Securities Americas LLC, Nomura Global Financial Products Inc., Nomura International Plc, Nomura, Rbc Capital Markets, LLC, Royal Bank Of Canada, Skandinaviska Enskilda Banken Ab, Societe Generale, Societe Generale, Paris, Standard Chartered Bank, State Street Bank And Trust Company, The Bank Of Nova Scotia, The Royal Bank Of Scotland Plc, Ubs Ag, Wells Fargo Bank, N.A.
D. E. Shaw Heliant Capital, L.L.C. 1.477 hedge fund 1,000,000 63 31.0 Bank Of America N.A., Barclays Bank Plc, Barclays Bank Plc, New York Branch, Barclays Capital Inc., Barclays Capital Securities, Ltd., Bnp Paribas, Bnp Paribas Sa, Citibank N.A., Citi, Credit Suisse International, Credit Suisse Securities (Europe) Limited, Credit Suisse, Deutsche Bank, Deutsche Bank Securities Inc., Goldman, Guggenheim Securities, LLC, Hsbc Bank Plc, Hsbc Bank USA, N.A., Jpmorgan Chase Bank N.A., Macquarie Bank Limited, Merrill Lynch Capital Services, Inc., Merrill Lynch International, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan Stanley & Co. International Plc, Morgan Stanley, Morgan Stanley Capital Services, Inc., Natixis S.A., Natixis Securities Americas LLC, Nomura Global Financial Products Inc., Nomura International Plc, Skandinaviska Enskilda Banken Ab, Societe Generale, Societe Generale, Paris, Standard Chartered Bank, State Street Bank And Trust Company, The Bank Of Nova Scotia, The Royal Bank Of Scotland Plc, Ubs Ag, Wells Fargo Bank, N.A.
D. E. Shaw Multi-Asset Portfolios, L.L.C. 2.276 hedge fund 1,000,000 23 3.0 1.0 Bank Of America, N.A., Barclays Bank Plc, Barclays Bank Plc, New York Branch, Barclays Capital Inc., Barclays Capital Securities, Ltd., Bnp Paribas, Bnp Paribas Sa, Citibank, N.A., Citi, Credit Suisse International, Credit Suisse Securities (Europe) Limited, Credit Suisse, Deutsche Bank, Deutsche Bank Securities Inc., Goldman, Guggenheim Securities, LLC, Hsbc Bank Plc, JP Morgan, Jpmorgan Chase Bank N.A., Merrill Lynch Capital Services, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan Stanley & Co. Incorporated, Morgan Stanley, Morgan Stanley Bank, N.A., Morgan Stanley Capital Services, Inc., Natixis New York Branch, Nomura International Plc, Nomura, Rbc Capital Markets, LLC, Royal Bank Of Canada, Societe Generale, The Bank Of Nova Scotia, Ubs Ag
D. E. Shaw Oculus Portfolios, L.L.C. 30.539 hedge fund 1,000,000 461 6.0 15.0 Bank Of America N.A., Barclays Bank Plc, Barclays Bank Plc, New York Branch, Barclays Capital Inc., Barclays Capital Securities Ltd., Bnp Paribas, Bnp Paribas Sa, Citibank N.A., Citi, Credit Suisse International, Credit Suisse Securities (Europe) Ltd., Credit Suisse, Deutsche Bank, Deutsche Bank Securities Inc., Goldman, Guggenheim Securities, LLC, Hsbc Bank Plc, Hsbc Bank USA, N.A., Ing Financial Markets LLC, JP Morgan, Jpmorgan Chase Bank N.A., Macquarie Bank Ltd, Merrill Lynch Capital Services, Inc., Merrill Lynch International, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan Stanley & Co. Incorporated, Morgan Stanley & Co. International Plc, Morgan Stanley, Morgan Stanley Bank, N.A., Morgan Stanley Capital Services, Inc., Natixis New York Branch, Natixis S.A., Natixis Securities Americas LLC, Nomura Global Financial Products Inc., Nomura International Plc, Nomura, Rbc Capital Markets, LLC, Royal Bank Of Canada, Royal Bank Of Scotland Plc, Scotia Capital (USA) Inc., Skandinaviska Enskilda Banken Ab, Societe Generale, Societe Generale, Paris, Standard Chartered Bank, State Street Bank And Trust Company, The Bank Of Nova Scotia, Ubs Ag, UBS, Wells Fargo Bank, N.A.
D. E. Shaw Plasma Portfolios, L.L.C. 0.086 hedge fund 1,000,000 Barclays Bank Plc, Barclays Capital Inc., Barclays Capital Securities Ltd., Bnp Paribas, Deutsche Bank Securities Inc., J. Aron & Company, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan Stanley
D. E. Shaw Renewable Investments Power County, L.L.C. 0.035 private equity fund 100,000 19 49.0
D. E. Shaw Terrella Fund, L.P. 0.001 hedge fund 1,000,000 Barclays Capital Securities, Ltd.
D. E. Shaw Valence Portfolios, L.L.C. 12.284 hedge fund 1,000,000 135 26.0 13.0 Bank Of America, N.A., Bank Of New York Mellon, Barclays Bank Plc, Barclays Bank Plc, New York Branch, Barclays Capital Inc., Barclays Capital Securities, Ltd., BNP, Citibank N.A., Citi, Credit Suisse International, Credit Suisse Securities (Europe) Limited, Credit Suisse, Daiwa Capital Markets Europe Limited, Deutsche Bank, Deutsche Bank Securities Inc., Deutsche Equities India Private Limited, Goldman, Hsbc Bank Plc, Hsbc Bank USA, N.A., JP Morgan, Jpmorgan Chase Bank N.A., Macquarie Bank Limited, Merrill Lynch International, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan Stanley & Co. International Plc, Morgan Stanley Capital Services, Inc., Natixis Sa, Natixis Securities Americas LLC, Nomura Global Financial Products Inc., Nomura International Plc, Scotia Capital (USA) Inc., Skandinaviska Enskilda Banken Ab, Societe Generale, Standard Chartered Bank, State Street Bank And Trust Company, The Bank Of Nova Scotia, The Hongkong And Shanghai Banking Corporation Limited, The Royal Bank Of Scotland Plc, Ubs Ag, UBS
Desri II, L.L.C. 0.035 private equity fund 100,000 32 26.0
Desri IV, L.L.C. 0.129 private equity fund 250,000 61 9.0 28.0
Desri V, L.L.C. 0.059 private equity fund 250,000 39 13.0 8.0
Desri VI, L.L.C. 0.116 private equity fund 250,000 44 44.0
Renewable Energy Assetco, L.L.C. 0.174 private equity fund 125,000 2 100.0
Renewable Energy Holdco, L.L.C. 0.017 private equity fund 125,000 9 49.0

Historical Performance

The Oculus fund gained 1.1% in November 2007 and was up 21.5% in 2007 through December 1st.http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a1u52EKp84.w

Up 12.8% in 2007 (composite return)http://www.iimagazine.com/Rankings/rankingsHeFu100RGlobal08.aspx?LS=EMS204396

Key People

NameTitlePositionOwnership
Edward FishmanChief Operating Officer, Managing Director Owner or OfficerNone
Julius GaudioManaging Director Owner or OfficerNone
Martin LebwohlCo-General Counsel, Managing Director Owner or OfficerNone
Eric SchmidtNone Indirect OwnerOther
Wendy SchmidtNone Indirect OwnerOther
David ShawLimited Partner Owner or Officer50-75%
David ShawNone Indirect Owner> 75%
Maximilian StoneManaging Director Owner or OfficerNone
David SweetCo-General Counsel, Managing Director Owner or OfficerNone
Nathan ThomasChief Compliance Officer, Managing Director Owner or OfficerNone
Eric WepsicManaging Director Owner or OfficerNone
Christopher ZabackChief Financial Officer, Managing Director Owner or OfficerNone

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