MUST READ: Inside $50 billion hedge fund D.E. Shaw ahead of a key deadline

D.E. Shaw has relaxed terms of its deferred compensation structure ahead of a mid-September deadline on the firm's new non-compete contract for all investment staff to either sign the agreement or get fired, insiders told Business Insider.

MUST READ: Inside $50 billion hedge fund D.E. Shaw ahead of a key deadline D.E. Shaw has relaxed terms of its deferred compensation structure ahead of a mid-September deadline on the firm's new non-compete contract for all investment staff to either sign the agreement or get fired, insiders told Business Insider. The move spotlights uncertainty inside D.E. Shaw as it prepares to enforce wide non-competes, which are fairly common in the hedge fund industry, for the first time in its 30-year history. At stake is the $50 billion hedge fund manager's investment talent — sources told Business Insider how long-time employees are assessing the terms and weighing if it makes sense to get pushed out and join a competitor. Here's the story. Read more on BI Prime → Email sent to: [email protected] | Unsubscribe Terms of Service | Privacy Policy © 2019 Insider Inc. 1 Liberty Plaza, New York, NY 10006