Industry News

Check out the latest news and insight from the ever-evolving world of institutional investing and hedge funds from around the globe.

Jing Chen has been eVestment’s hedge fund industry news reporter since 2011. To submit industry-related press releases or request feature ideas please contact her at editor@evestment.com

News Archive

Read More Industry News >

DE Shaw's Energy Head is Retiring

Feb 05, 2014
Jing Chen

The head of D.E. Shaw’s energy trading strategy is retiring after 12 years at the firm following one of the energy funds’ huge loss in 2013.

The Wall Street Journal reported that Jeff Myers, who is in charge of developing D.E. Shaw’s investment views on energy markets, announced his departure last month and will remain with the firm until the end of Match to assist with the transition. The firm lost 28% in its Plasma fund last year, including an 18% drop in December.

Myers’ plans after departure were not disclosed. He will be replaced by subordinates Sanjay Jacob and Travis West, who will both be responsible for managing the unit’s 12-person team.

New York-based D.E. Shaw, which focuses on quantitative investments, managed approximately $32 billion in assets as of December 2013.

Read More Industry News >


Want to subscribe?

Join 15,000+ of your colleagues to receive daily hedge fund news from the definitive source in traditional and hedge fund data.

Subscribe Now


Hedge Fund Journal Reviews eVestment's Hedge Fund Database

July, 2012

Read More