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The Little-Known Fund Driving D.E. Shaw’s Gains This Year

The hedge fund firm best known for its multistrategy offerings is reaping its biggest gains this year from its little-known Orienteer strategy.

D.E. Shaw Group may be one of the world’s largest hedge fund firms. But this year, the firm’s star product is not one of its well-known multistrategy funds — but rather its smaller and more obscure Orienteer strategy. The strategy is part of the $25 billion D.E. Shaw Investment Management group,

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