What happened to Lehman Brothers' stake in D. E. Shaw? -
Eric Schmidt bought it: Google's Schmidt Buys 20% in Hedge Fund D.E. Shaw
https://www.quora.com/What-happened-to-Lehman-Brothers-stake-in-D-E-Shaw
D.E. Shaw, the First Great Quant Hedge Fund - NYMag
A history of D.E. Shaw, the quant hedge fund that employed Jeff Bezos
nymag.com/selectall/2018/01/d-e-shaw-the-first-great-quant-hedge-fund.html
quantitative hedge fund firm founded by billionaire David Shaw.
What is a Quant Hedge Fund?
A Quantitative Hedge Fund is any Hedge Fund that relies upon algorithmic or systematic strategies for implementing its trading decisions. Quant trading strategies may focus on any asset class (equities, derivatives, fixed income, foreign exchange, commodities, etc.), with trades that are based on systematic strategies, rather than discretionary decisions. In other words, at least to some degree Quantitative Hedge Funds employ “automatic” trading rules rather than ones that employees at the fund identify and evaluate. Of course, these two strategies can be mixed, but nearly all Hedge Funds are either primarily a Quant Hedge Fund or primarily a non-Quant Hedge Fund.