Insight

D.E. Shaw racks up $1.1bn across two new funds

Voltaic raised more than $450 million and Diopter secured more than $650 million.

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  • Voltaic is seeking to make post-seed and growth equity investments in private companies
  • Diopter is focusing on private credit
  • The firm’s entities, principals and employees contributed more than $150 million in total to the new funds

The D.E. Shaw group has raised $1.1 billion across two new funds: D.E. Shaw Voltaic Fund and D.E. Shaw Diopter Fund.

D. E. Shaw Voltaic Fund raised more than $450 million. It is targeting private companies that are in the post-seed or growth equity stages of their lifecycles.  Edwin Jager, a managing director who oversees fundamental equities, is serving as the fund’s portfolio manager.

D. E. Shaw Diopter Fund raised more than $650 million. It will focus on private credit investments. This fund is being overseen by D. E. Shaw group’s regulatory capital optimization strategy team.

The firm’s entities, principals and employees contributed more than $150 million in total to the new funds.

An investment and tech development firm, the D. E. Shaw group has more than $60 billion in investment capital, as of December 1, 2022. The firm has offices in North America, Europe and Asia and was founded in 1988.