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D.E. Shaw Blowout Gain Is Two-Edged Sword for Investors

Markets

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January 2, 2025

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Bloomberg

Bloomberg’s Nishant Kumar explains the conundrum behind hedge fund D.E. Shaw & Co.’s decision to return cash after big returns in 2024: Investors want to plow money into the industry, but top performers are running up against capacity limits in being able to manage the available capital, Kumar says on “Bloomberg Open Interest.” Sonali Basak’s Wall Street Beat newsletter is published Friday.

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