Renaissance Technologies

Renaissance Technologies LLC, based in New York, is a hedge fund company that uses quantitative techniques and algorithms to make investment decisions. The firm was founded in 1978 by James Simons, a mathematician and the legendary hedge-fund manager. Renaissance is known for its high returns and secretive approach to investing. The firm uses a variety of quantitative techniques including machine learning and artificial intelligence to analyze and trade financial instruments. These techniques allow the firm to make informed investment decisions based on large amounts of data and sophisticated models. The firm manages a number of investment funds including the Medallion Fund which is one of the most successful hedge funds in history. The Medallion is a proprietary trading fund that uses quantitative techniques to trade a wide range of financial instruments including stocks, bonds, futures and currencies. The fund has achieved annualized returns (before fees) of 62% since its inception in 1988. In addition to its hedge funds, Renaissance Technologies has a number of research and development projects focused on advancing the use of machine learning and artificial intelligence in finance. The firm has a team of data scientists and engineers who work on developing and refining the algorithms and models. Renaissance is known for its rigorous hiring process and the high caliber of its employees, many of whom have advanced degrees in fields such as mathematics, computer science and engineering. The company has a reputation for being one of the most successful and innovative hedge fund firms in the world. Renaissance Technologies today has more than $100 billion in assets under management (AUM) and employs over 300 people.

Products:
Medallion Fund
Renaissance Institutional Equities Fund (RIEF)
Renaissance Institutional Diversified Alpha (RIDA)
Renaissance Institutional Diversified Global Equities Fund (RIDGE)

Key people:
Founders: James H. Simons, Howard L. Morgan
Chief Executive Officer (CEO): Peter Brown

Headquarters address:
Long Island
600 Route 25A
East Setauket
New York 11733
Phone number: (631) 444 7000
Website: www.rentec.com

Renaissance Institutional Management
800 Third Avenue
New York, NY 10022
United States