D.E. Shaw Debuts New Funds
The firm is targeting $1 billion for the intermediate-duration credit-oriented funds, the latest in its Alkali series.
D.E. Shaw has launched the latest iteration of its Alkali group of hedge funds.
The multistrategy fund giant raised more than $618 million for D. E. Shaw Alkali International Fund V and D. E. Shaw Alkali Fund V, most of it invested in the former, according to separate regulatory filings.