THE D. E. SHAW GROUP is a global investment and technology development firm with more than $47 billion in investment capital as of January 1, 2018, and offices in North America, Europe, and Asia. Since their founding in 1988, their firm has earned an international reputation for successful investing based on innovation, careful risk management, and the quality and depth of their staff. They have a significant presence in the world's capital markets, investing in a wide range of companies and financial instruments in both developed and developing economies.
Their culture rewards analytical rigor and adherence to the highest possible ethical and legal standards, and they have cultivated a collegial work environment that promotes collaboration across disciplines, geographies, and investment strategies. Their firm has been built in part by attempting to do what other companies might consider impossible, or never imagine at all. A single transformative idea that ultimately works—for a new business, a new trading model, or an improved back office process—is worth a dozen ideas that lead nowhere. They have learned that when an extraordinary team sets extraordinarily ambitious goals, astonishing breakthroughs can be expected.
They believe their is improved by employing a team leadership model, which also reduces dependence on any individual. Their firm is led by an Executive Committee of four experienced individuals who have worked together for over two decades. The Executive Committee determines overall firm policy and strategic direction, while managing the execution of the firm's business plan on a daily basis. Working closely with the Executive Committee are approximately 35 other managing directors, with an average tenure of over a decade, who are responsible for specific investment and business activities of the firm.
The firm's Risk Committee is responsible for establishing the desired risk profiles of their investment vehicles, monitoring and managing exposures relative to those targets, and allocating capital and risk among their investment strategies. The Risk Committee consists of their Chief Risk Officer, three members of the Executive Committee, and two rotating senior investment professionals.