THE D. E. SHAW GROUP is a global investment and technology development firm with more than 1,000 employees, approximately $32 billion in investment capital as of July 1, 2013, and offices in North America, Europe, and Asia. Since our founding in 1988, our firm has earned an international reputation for successful investing based on innovation, careful risk management, and the quality and depth of our staff. We have a significant presence in the world's capital markets, investing in a wide range of companies and financial instruments in both developed and developing economies.