Business & Tech

Renaissance Technologies Hedge Funds Rise in Value

Two of the East Setauket firm's funds are having a "banner year," according to a report.

Two of Renaissance Technologies' hedge funds have soared more than 30 percent, according to FIN Alternatives, a news outlet covering hedge funds and private equities.

RenTech's Medallion Fund, its flagship fund, is up 32 percent from last year, while its Institutional Equities Fund is up 31 percent.

FIN Alternatives called it a "banner year" for RenTech and cited a New York Post story in its report. Click here to read more.

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