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D. E. Shaw’s Latest New Fund

Why the multistrategy giant believes that now is a good time for this niche offering.

The D. E. Shaw Group is raising money for a new fund.The hedge fund giant disclosed in a regulatory filing that it’s in the process of launching the D. E. Shaw Diopter Fund. This will be a private, credit-focused niche fund that will primarily pursue investments related to synthetic securitizations,

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