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Renaissance Technologies

Renaissance Technologies founder James Simons is a math whiz who served as a U.S. National Security Agency code breaker during the cold war and later as chairman of Stony Brook University's mathematics department. But he's best known for blazing a trail for the use of quantitative analysis in the hedge fund industry. His aptly named firm uses sophisticated computer-based models to predict market changes and execute trades, with the firm relying on scientists and mathematicians – mainly statisticians and physicists, a third of whom hold Ph.D.s – to write its moneymaking algorithms. RenTec, as it's known, has consistently outperformed its rivals over the past three decades. The firm's flagship fund, the $10 billion Medallion Fund, earned…

Back to Hedge Fund 100 Firm Profile Ranking4. Renaissance Technologies/ $42 billionLocation:East Setauket, NYFounded:19822016 Hedge Fund 100 Rank:No. 122016 Capital:$29.5 billion2015 Hedge Fund 100 Rank:No. 152015 Capital:$26 billionYears on List:16Website:www.renfund.comwww.rentec.comAddress:600 Route 25AEast Setauket, NY 11733Phone:631-751-1729Other Offices:New York and London Profile & NewsFirm OverviewRenaissance Technologies founder James Simons is a math

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