According to a story in tomorrow’s FT, the super-secretive quants at Renaissance Technologies are considering a partial share float via a 144 listing, following by trading on the Opus5 platform.
The upside for Renaissance of going that route is that it is faster, and it avoids the hedge fund having to disclose overmuch on its strategies. The downside, of course, is that the rest of us don’t get to see a juicey S-1 filing from the $30bn fund complex. For now, we have to make do with reading Renaissance’s eclectic Wikipedia edits.
[via FT]
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