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D.E. Shaw Debuts New Funds

The firm is targeting $1 billion for the intermediate-duration credit-oriented funds, the latest in its Alkali series.

D.E. Shaw has launched the latest iteration of its Alkali group of hedge funds.The multistrategy fund giant raised more than $618 million for D. E. Shaw Alkali International Fund V and D. E. Shaw Alkali Fund V, most of it invested in the former, according to separate regulatory filings.The firm

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