D.E. Shaw expresses concern about potential backlash from the Trump administration regarding DEI initiatives, according to sources.
Staff members at the secretive hedge fund De Shaw are expressing concerns that a profitable left-leaning company could face retribution from the Trump administration regarding its policies, sources have informed. Founded by billionaire David E. Shaw, this algorithm-driven hedge fund has made headlines, becoming one of the most profitable by collecting $11.1 billion in 2024. […]