Acquired
Renaissance Technologies
Ben Gilbert
Because I always ask myself the question, does that actually matter? They did all this work to stand up the institutional side. Who cares? Well, let's say Medallion does their average 66% gross on $15 billion. That is $750 million in fees and $4.3 billion on performance. Yeah. So a total of $5 billion from Medallion and $1.2 billion from the institutional side of the business.
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