Acquired
Renaissance Technologies
David Rosenthal
Yes. Now, why did we do this? I'm going to talk about one reason in a minute. But one reason is super obvious. The Medallion Fund is now at $5 billion in assets under management that they're trading. Even in the equities market, they are now hitting up against slippage. Yep. And so if they want to maintain this crazy, crazy performance, they just can't get that much bigger.
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