{"id":47874,"date":"2015-05-27T04:45:53","date_gmt":"2015-05-27T08:45:53","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=47874"},"modified":"2015-05-28T07:41:54","modified_gmt":"2015-05-28T11:41:54","slug":"google-chairman-invests-in-a-hedge-fund","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2015\/google-chairman-invests-in-a-hedge-fund.html","title":{"rendered":"Google Chairman Invests In Hedge Fund D. E. Shaw"},"content":{"rendered":"<p><a href=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2015\/04\/google-dollars.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-47879\" src=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2015\/04\/google-dollars.jpg\" alt=\"google-dollars\" width=\"300\" height=\"300\" srcset=\"https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2015\/04\/google-dollars.jpg 300w, https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2015\/04\/google-dollars-150x150.jpg 150w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>New York, HedgeCo.Net &#8211; Google chairman Eric Schmidt, has bought a 20% equity share in the D. E. Shaw group, a global hedge fund investment and technology development firm with more than $36 billion in aggregate investment capital.<\/p>\n<p>\u201cI\u2019ve always regarded Eric as a kindred spirit\u2014someone who shares our belief in the power of groundbreaking innovation, analytical rigor, and extraordinarily gifted employees,\u201d said David Shaw, founder of the D. E. Shaw group. \u201cI\u2019ve known and respected David for many years, and as a longstanding investor in the D. E. Shaw group\u2019s funds, I have the highest regard for their team and the firm that they\u2019ve built,\u201d said Eric Schmidt. \u201cI\u2019m excited to invest in an enterprise that has so successfully used technology to deliver superior risk-adjusted returns across asset classes globally.\u201d<\/p>\n<p>California based Hillspire, LLC, the family office that serves as the investment vehicle for Google Executive Chairman Eric Schmidt and his family, purchased the 20 percent equity interest previously owned by Lehman Brothers Holdings Inc. The equity stake represents a passive economic interest in the D. E. Shaw group, which will continue to function independently, with no changes in management or operations.<\/p>\n<p>\u201cWe\u2019ve worked with Hillspire for quite some time now, and have developed great respect and admiration for them,\u201d said Anne Dinning, a Managing Director at the D. E. Shaw group and a member of the firm\u2019s Executive Committee. \u201cWe\u2019re truly delighted to be expanding our relationship with them.\u201d<\/p>\n<p>Alex Akesson<br \/>\nEditor for <a title=\"hedge funds\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a><br \/>\n<a href=\"mailto:alex@hedgeco.net\">alex@hedgeco.net<\/a><br \/>\n<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.Net<\/a> is a premier <a title=\"hedge fund database\" href=\"http:\/\/www.hedgeco.net\">hedge fund database<\/a> and community for qualified and accredited investors only. Membership in <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a> is FREE and EASY. We also offer FREE LISTINGS for <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">Hedge Funds<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York, HedgeCo.Net &#8211; Google chairman Eric Schmidt, has bought a 20% equity share in the D. E. Shaw group, a global hedge fund investment and technology development firm with more than $36 billion in aggregate investment capital. \u201cI\u2019ve always [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,3],"tags":[],"class_list":["post-47874","post","type-post","status-publish","format-standard","hentry","category-activist-funds","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/47874","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=47874"}],"version-history":[{"count":3,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/47874\/revisions"}],"predecessor-version":[{"id":48525,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/47874\/revisions\/48525"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=47874"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=47874"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=47874"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}