How D.E. Shaw Performed in 2023

After 22 years since its launch, D.E. Shaw’s largest multi-strategy fund — the D.E. Shaw Composite Fund — has posted yet another round of positive performance.

The fund returned an estimated 9.6 percent net gain in 2023, according to a person familiar with the firm’s results. By comparison, the PivotalPath multi-strategy hedge fund index returned 6.5 percent during the same period.

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