D. E. Shaw & Co., L.P. manages affiliated investment funds for institutions and high-net-worth individuals. The firm uses systematic strategies based on quantitative techniques, discretionary strategies based on human analysis, and hybrid strategies combining both. The firm invests globally in public and private markets.
D. E. Shaw & Co., L.P.'s compensation generally includes an asset-based fee and a performance-based fee. The fee schedule for qualified clients typically includes a management fee of up to 3.5% annually and a performance charge of up to 40% of net profits. Certain funds or classes of fund interests may have additional or different fee provisions.