Search results
Results from the WOW.Com Content Network
In 2023, they gave $500 million through their foundation to the State University of New York at Stony Brook to support the university's endowment and boost scholarships, professorships, research ...
James Harris Simons (April 25, 1938 – May 10, 2024) was an American hedge fund manager, investor, mathematician, and philanthropist. [4] At the time of his death, Simons' net worth was estimated to be $31.4 billion, making him the 55th-richest person in the world. [4]
Swieca served as the firm's chief investment officer from inception to its acquisition. They sold a 55% stake to JP Morgan Chase in 2004 and substantially all remaining shares in 2009. [ 5 ] [ 6 ] As Highbridge CIO, he guided the firm through multiple market cycles as it achieved one of the best risk adjusted returns in the hedge fund industry.
Dr. Robert J. Frey is a former Managing Director of Renaissance Technologies Corp (1992–2004) and presently serves as a Research Professor on the faculty of Stony Brook University where he is the Founder and Director of the Program in Quantitative Finance within the Department of Applied Mathematics and Statistics.
Jim Simons, the billionaire investor, mathematician and philanthropist, died on Friday in New York City, according to his foundation, the Simons Foundation. Simons was 86 years old.
The hedge fund was named Medallion in honor of the math awards that Simons and Ax had won. [8] [9] Renaissance's flagship Medallion fund, which is run mostly for fund employees, [10] is famous for the best track record on Wall Street, returning more than 66 percent annualized before fees and 39 percent after fees over a 30-year span from 1988 ...
He left Stony Brook in 1992 to join Renaissance Technologies. [4] In 2015, a conference was held for his 70th anniversary at Tsinghua University in China. [1] Laufer co-founded the Medallion Fund with Jim Simons in 1988. [5] Laufer served as chief scientist and vice president of research at Renaissance Technologies, its parent company. [6]
The firm, which is one of the largest hedge funds in the world, was founded in 1989 and since then has lost money in just a single year — 2008, when a financial crisis turned into a sharp ...