D.E. Shaw Rolls Out a New Fund

The $60 billion multistrategy firm has launched a new line of products under the Lithic name.

David Shaw (Kimberly White/Bloomberg)

David Shaw

(Kimberly White/Bloomberg)

D.E. Shaw has launched a new fund.

The multistrategy and macro specialist has raised at least $162 million for D.E. Shaw Lithic International Fund, the offshore feeder fund of D.E. Shaw Lithic Fund, according to a regulatory filing.

The filing classifies the new fund as a hedge fund.

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