Key facts
- D.E. Shaw has extended the investor exit time for two flagship funds.
- Investors will now have a four-year window to exit these funds.
- The hedge fund manages over $90 billion in assets.
D.E. Shaw, a prominent hedge fund managing over $90 billion in assets, has informed its investors about an extension of the exit time for two of its flagship funds. This decision means that investors will now face a longer period, up to four years, before they can retrieve their capital from these specific investment vehicles. The move impacts the liquidity available to investors in these key D.E. Shaw funds.