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.

David Shaw (Kimberly White/Bloomberg)

David Shaw

(Kimberly White/Bloomberg)

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

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