DE Shaw assets hit $125bn as quant giant expands AI capabilities and launches new funds
DE Shaw has grown its assets under management to a record $125bn as it expands its artificial intelligence capabilities, introduces new investment strategies and adjusts its fee structure to compete with rival platforms, according to a report by Bloomberg. The New York-based firm has increased assets from $98bn at the start of 2026, with approximately $90bn allocated to hedge fund strategies,…
DE Shaw has reached a record $125bn in assets under management, as the quant giant scales up its artificial intelligence capabilities and launches new funds to compete with industry rivals. The New York-based firm's assets grew from $98bn at the start of 2026, with $90bn allocated to hedge fund strategies, $30bn to its long-oriented investment business, and $5bn to private investments.
DE Shaw's flagship Composite fund returned 15.3% through September, while its smaller Oculus strategy gained 30%, outperforming several major industry rivals. The firm is addressing the intensifying competition from multistrategy managers like Citadel and Millennium, as well as quantitative trading firms such as Jane Street, by introducing an employee-focused investment fund in January 2027.
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