D.E. Shaw Raising Money for Two Orienteer Funds

New funds pursue global tactical-asset-allocation strategies. Shaw’s Oculus fund, however, was barely profitable in 2013.

D.E. Shaw is looking to raise money for two new hedge funds — D.E. Shaw Orienteer Fund and D.E. Shaw Orienteer International Fund — according to regulatory filings. The funds will require a minimum investment of $1 million.

The filings did not provide any additional information.

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