NEW YORK--(BUSINESS WIRE)--The D. E. Shaw group, a global investment and technology development firm, and Blackstone Alternative Asset Management (BAAM), the world’s largest discretionary allocator to hedge funds, today announced the launch of Arcesium LLC, a new, independently operated technology and service company that will provide asset managers with software and service solutions for their post-trade activities. Arcesium’s fully hosted technology platform offers asset managers sophisticate
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