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D.E. Shaw & Co is a sponsor for the Harvard-MIT Mathematics Tournament (HMMT).


History Edit

The firm was founded in 1988 by David E. Shaw. The company induced losses in fixed-income funding due to the Russian debt deposit in 1998. In 2006, D.E. Shaw entered the Indian market. D.E. Shaw made a massive midway strike to Lehman Brothers (20%). With it got bankrupt in 2008, due to the 2008 Financial Crisis, Lehman Brothers had holdings in D.E. Shaw & Co. The company has various offices across the world, including Hong Kong, Hyderabad, New York City, London, Silicon Valley, Boston, Kansas City, Bermuda, and Shanghai.

Success Edit

The company makes extensive use of quantitative use and qualitative analysis to make various hedge fund items. In addition, it provides private equity capital to technology-related business. Since then, the company had $40 billion in aggregate capital. IN 2011, it had $15.6 billion in hedge fund assets under management, and has ranked as the 21st largest hedge fund by Institution Investor. In 2016, the hedge fund was ranked at #19 pm {Penta's Top 100 Hedge Funds. It has delivered the third highest revenues of any hedge fund in the world.

Corporate Responsibility Edit

Alongside supporting the Harvard-MIT Mathematics Tournament (HMMT), D.E. Shaw also supports Math-M-Addicts, American Region Mathematics League (ARML), Worldwide Online Olympiad Trading (WOOT), United States of America Mathematics Olympiad (USAMO),the International Mathematics Olympiad (IMO), Mathematical Olympiad program, the MIT 6.330 Battlecode Competition, and the Center for Excellence in Education.

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