Hillspire, the nine-year-old family office of Google chairman Eric Schmidt, acquired a 20% “passive” stake in $36bn hedge fund manager DE Shaw from the liquidators of Lehman Brothers for an undisclosed amount on Thursday.
Asset Management
Schmidt family office buys 20% stake in DE Shaw from Lehman
Hillspire, the nine-year-old family office of Google chairman Eric Schmidt, acquired a 20% “passive” stake in $36bn hedge fund manager DE Shaw from the liquidators of Lehman Brothers for an undisclosed amount on Thursday.