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DE Shaw Moves to Close $5 Billion Lithic Fund to New Money

Bloomberg

BusinessBloomberg·Jun 16, 2026·1 min read

DE Shaw Moves to Close $5 Billion Lithic Fund to New Money

D.E. Shaw & Co. is preparing to close another of its strategies to new money, adding to a wave of hedge funds spurning cash just as investor interest in the industry picks up.

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