D. E. Shaw

1166 Avenue of THE Americas
New York, NY 10036

Website: deshaw.com

Firm Size

  • Assets Under Management (AUM):$120.5 Billion
  • Number of Funds:13
  • Employees:879
  • Firm Type:Hedge Fund


Description

D. E. Shaw & Co., L.P., based in New York City, is a global investment and technology development firm. Founded in 1988 by David E. Shaw, a former Columbia University faculty member and prominent computer scientist, the company specializes in quantitative trading, systematic investing, and alternative investments. It employs a multidisciplinary approach, combining expertise in mathematics, statistics, computer science, and finance to make data-driven investment decisions. The firm's primary focus is on developing and implementing innovative investment strategies across various asset classes, including equities, fixed income, commodities, and currencies. D. E. Shaw employs a research-driven approach, leveraging advanced technology and data analytics to identify patterns and trends in financial markets worldwide. These analyses allow the firm to take advantage of market inefficiencies and generate alpha for its clients. Additionally, D. E. Shaw manages private equity funds that invest in a diverse range of industries, including technology, healthcare, and energy. The firm seeks to create value by partnering with promising companies and providing them with capital, expertise, and network support to accelerate growth and success. With a global presence, D. E. Shaw has offices in major financial centers worldwide, including London, Hong Kong, Tokyo, and Hyderabad. The company's culture emphasizes intellectual rigor, collaboration, and innovation, attracting top talent from diverse academic backgrounds. Overall, D. E. Shaw & Co., L.P. is a leading investment and technology development firm known for its quantitative approach to investing, ability to leverage advanced technology, and its commitment to generating exceptional returns for its clients.

Latest News

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May 15, 2024: D. E. Shaw Renewable Investments Announces Elektron Solar Reaches Commercial Operations Date
 D. E. Shaw Renewable Investments (DESRI) today announced the Elektron Solar Project ("Elektron Solar") has reached commercial operation (COD). Elektron Solar is an 80 MWac solar facility located in Tooele County, UT . The project began construction in 2021 and was acquired from Enyo Renewable Energy in 2020.

Nov 01, 2023: D. E. Shaw Renewable Investments (DESRI) Announces 100MW Drew Solar Delivers Energy to Sacramento Municipal Utility District (SMUD)
D. E. Shaw Renewable Investments (DESRI), in partnership with Sacramento Municipal Utility District (SMUD), today announced that the Drew Solar has reached commercial operation (COD). Drew Solar is a 100 MWac solar energy facility located in Imperial County, California . The facility began operating in December 2022 .

Oct 24, 2023: D. E. Shaw Renewable Investments, SOLV Energy, and PNM Announce San Juan Solar and Storage Groundbreaking
D. E. Shaw Renewable Investments (DESRI), in partnership with Public Service Company of New Mexico (PNM) and SOLV Energy, recently celebrated the groundbreaking of the San Juan 1 project (" San Juan 1" or the "Project"). The Project is a 200 MWac solar and 400 MWh storage facility located in Farmington, NM . The event was attended by local stakeholders as well as leadership from the three companies, the United States Department of Energy, the Navajo Nation, San Juan County , the Cities of Kirtland and Farmington , and the state of New Mexico . The groundbreaking commemorated San Juan 1's contribution to New Mexico's energy transition and commitment to investing in the Four Corners region, while also expressing gratitude to the community's history of energy production and powering the Southwest.

Oct 03, 2023: Amperon Raises $20 Million Series B to Accelerate Energy Analytics and Grid Decarbonization
Amperon Holdings, Inc., the leader in AI-powered electricity forecasts, raised $20 million in Series B funding led by Energize Capital . Other participants in this round include the D. E. Shaw group , Veriten , and existing investor, HSBC Asset Management . Two long-time Amperon customers, Ørsted and another strategic utility partner, also joined the round. The funding will propel Amperon's evolution from an electricity demand forecasting platform to a comprehensive data analytics solution, enabling businesses to navigate the energy complex and accelerate grid decarbonization. This brings Amperon's total funding to $30 million .

Jul 11, 2023: D. E. Shaw Renewable Investments Announces Close of Financing and Start of Construction for 200MWac San Juan Solar and Storage Project in New Mexico
D. E. Shaw Renewable Investments (DESRI) today announced the San Juan 1 Project achieved financial close with its project lenders and initiated construction. San Juan 1 is a 200-megawatt (MWac) solar and 100 MWac battery storage facility adjacent to the former San Juan Generating Station in San Juan County, NM . The Project is a critical capacity replacement to the San Juan Generating Station, which was retired in 2022, and it will interconnect to the grid using existing infrastructure from the retired plant. San Juan 1 is the first phase of a larger project that is expected to deliver 400 MWac of clean power to the grid when fully developed and constructed.

Jun 07, 2023: D. E. Shaw Renewable Investments (DESRI) Announces Regulatory Approval of 130MWac Carne Solar and Storage Project with El Paso Electric
D. E. Shaw Renewable Investments (DESRI) , today announced the Carne Solar Project (Carne) has received New Mexico Public Regulatory Commission (NMPRC) regulatory approval of its offtake contracts with El Paso Electric (EPE). Carne is a 130-megawatt (MWac) solar + 65-MWac battery storage facility located in Luna County, New Mexico .