Renaissance Technologies Corporation

Featured In The Book

Key Facts

HeadquartersLong Island, NY
Other OfficesLondon, New York, San Francisco
AUM$34.0 billion
AUM as ofJanuary 1, 2008


Renaissance Technologies Corporation is a hedge fund based in Long Island, NY with offices in London, New York, San Francisco. It was founded in 1991 by Jim Simons - a former Math professor at MIT and Harvard. They hold $34.0 billion in assets under management as of January 1, 2008. Highly quantitative

Jim Simons was the third highest paid Hedge Fund Manager in 2007 with performance fees of $1.012 billion

Fourth largest hedge fund in Institutional Investor's 2008 Hedge Fund 100


2/28/2008 $60 Million Gift Is a Record, for Stony Brook where Jim Simons was a department chair

8/2007 Jim Simons from Renaissanace Technologies awarded Most Talented Manager

5/22/2007 Renaissance hedge fund: Only scientists need apply

Sub Funds and Performance

NameAUM (bn) Strategies 2011 2012 2013 2014 2015 Prime Brokers
Renaissance Institutional Equities 2.600 Long/Short 34.12 8.29 16.78 13.84 16.53

Historical Performance

2009 Returns
* Instutional Equities Fund down 4.61% in February, 2009, bringing YTD to -8.84%.

Medallion Fund up 73% in 2007
Institutional Equities Fund Down .2% in 2007

It returned 40% in 2006

The $6 billion Medallion Fund returned over 33% over 15 years (to 2004)