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D.E. Shaw Funds Post First-Quarter Gains

The multistrategy giant also raised $2 billion for its Composite fund and pulled in additional capital for its China fund.

D.E. Shaw Group’s main multistrategy funds all made money in the first quarter of the year, despite a highly volatile March.The D. E. Shaw Composite Fund, the firm’s flagship multi-strategy fund, gained 1.9 percent for the year through March 31, according to a person familiar with the results.The fund, which

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