D.E. Shaw to Return Billions to Clients After Strong Hedge Fund Performance

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Jan 02, 2025

D.E. Shaw & Co. plans to return billions of dollars to external clients following significant returns from its two major hedge funds last year. The firm's flagship multi-strategy Composite fund saw an 18% increase in 2024, while the Oculus fund, focusing on macro bets, soared by 36%, marking its largest gain since its inception 20 years ago.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.