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.

David Shaw (Kimberly White/Bloomberg)

David Shaw

(Kimberly White/Bloomberg)

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.

To continue reading, subscribe now to Premium Journalism. Already a subscriber? login.

Related