DE Shaw Opens San Francisco Office

<p>The D&period; E&period; Shaw group&comma; a global investment and technology development firm&comma; has opened an office in <span class&equals;"xn-location">San Francisco<&sol;span>&comma; expanding its presence in the Bay Area&period; The new office is located in the city&&num;8217&semi;s Financial District and complements the firm&&num;8217&semi;s existing location in Silicon Valley on Sand Hill Road&comma; which opened in 2005&period;<&sol;p>&NewLine;<p>&&num;8220&semi;We&&num;8217&semi;ve spent the past two decades collaborating with innovators and entrepreneurs in Silicon Valley&comma; and we&&num;8217&semi;re excited to open our second Bay Area office&comma; enabling us to further deepen and develop relationships with management teams as a provider of capital&comma; insights&comma; and technological expertise&comma;&&num;8221&semi; said <span class&equals;"xn-person">Edwin Jager<&sol;span>&comma; Managing Director and Executive Committee member who oversees the firm&&num;8217&semi;s discretionary equity and credit investment activities&period;<&sol;p>&NewLine;<p>The D&period; E&period; Shaw group invests globally in public and private markets and has invested in private companies for more than 30 years&period; The firm manages pools of capital dedicated to private companies and can support them across the full corporate life cycle&comma; from the post-seed and growth equity stages through IPO and beyond&period; In partnering with entrepreneurs and management teams&comma; the D&period; E&period; Shaw group draws on the extensive experience and deep fundamental expertise of its investment professionals&comma; supported by the firm&&num;8217&semi;s advanced data and analytical capabilities&period;<&sol;p>&NewLine;<p>As of December 1&comma; 2004&comma; the firm had more than &dollar;65 billion under management&period;<&sol;p>&NewLine;