D. E. Shaw Investment Management, L.L.C. is a large advisory firm based in New York. It manages $25.59 billion of regulatory assets for 28 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdiction of New York.
D. E. Shaw Investment Management, L.L.C provides portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of D. E. Shaw Investment Management, L.L.C. is $25.59 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 539% since the beginning of its operation, and $1.5 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay D. E. Shaw Investment Management, L.L.C. for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to investment companies, pooled investment vehicles, and pension and profit sharing plans. The largest group of clients of D. E. Shaw Investment Management, L.L.C is pooled investment vehicles with 17 clients and $16.81 billion of assets under management. Among the 9 most similar advisory firms, D. E. Shaw Investment Management, L.L.C has the 5th highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $22.66 billion for 24 clients. 11% of the firm’s clients are foreign persons or businesses.
D. E. Shaw Investment Management, L.L.C also advises several private funds. Namely, fourteen hedge funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.
The company employs 24 people that are either part- or full-time employees. 96 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Anthony Joseph Foley has served as the Chief Investment Officer since 1 Apr 2009. Ruvim Yefim Breydo joined the executive team most recently as the Executive Committee Member, Co Chief Investment Officer.
The principal office where D. E. Shaw Investment Management, L.L.C. performs its advisory services is located at 1166 Avenue Of The Americas, New York, NY 10036, which is also the mailing address of the firm. An additional office of the firm is in Wellesley, MA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 212-478-0000 or by fax 212-478-0100. The normal business hours are 9 am - 5 pm on Monday - Friday. You can find more information about the New York firm at deshaw.com/.