Renaissance Institutional Equities Fund, every mention
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Renaissance Technologies (Audio) · Acquired
- ▶ 1:43:49 Ben Gilbert So, they start the Renaissance Institutional Equities Fund, and there's a couple things to add a little bit of context to really why they decide to do this.
- ▶ 1:46:04 Ben Gilbert Like if you look at the 13 F's, the SEC documents that the Renaissance Institutional Equities Fund files over time, it changes every quarter because there's new people putting money in, there's people doing redemption.
- ▶ 1:46:47 Ben Gilbert Well, on the institutional fund, the fees are one in 10.
- ▶ 1:47:23 Ben Gilbert A couple other funny things on the institutional fund.
- ▶ 1:47:35 David Rosenthal There's Institutional Equities and Diversified Alpha.
- ▶ 1:49:55 Ben Gilbert So I think the RIEF, their institutional fund, yes, it works as expected.