DESCOvery
Industry Focus
Geographic Focus
The D. E. Shaw Group is a global investment and technology development firm founded in 1988, known as a pioneer in quantitative investing and algorithmic trading. With over $70 billion in assets under management as of September 2025, the firm manages alternative investment strategies and long-oriented strategies across public and private markets. D. E. Shaw is renowned for developing sophisticated mathematical models and computer programs to exploit anomalies in financial markets. The firm employs over 2,500 professionals including mathematicians, physicists, computer scientists, and economists. Beyond its core hedge fund operations, D. E. Shaw has launched entrepreneurial ventures including DESRI (renewable energy), Arcesium (financial technology), and DESCOvery (venture studio). DESCOvery, established in 2015, ideates, researches, and builds innovative technology-oriented businesses in fintech, insurtech, and data analytics. The firm is characterized by its academic culture, rigorous risk management, collaborative approach, and emphasis on innovation and computational excellence.
1988
6 Companies
7
3X Higher