08-08-2025
DE Shaw Hedge Fund Doubled Returns to Nearly 10% on Winning Week
One of the main hedge funds of investment giant D.E. Shaw & Co. turned a mediocre July into a winning month in a matter days.
Oculus, the firm's second-biggest hedge fund that mostly makes macro wagers, soared 4.6% during the final week of July, turning a down month into gains of 4.4%, according to an investor document seen by Bloomberg. The performance also doubled the fund's returns for the year to 9.6%, the document shows.