This is wrong. The people at Renaissance have a lot of their money invested in the other two funds. This is one of the main reasons they built the other two funds; they needed a way of managing money that didn't fit in Medallion.
Simons, for example, has a ~$21B fortune, and I doubt he gets more than 1/3rd of Medallion's $10B capacity. He's probably got more money in RIEF than in Medallion.
Simons, for example, has a ~$21B fortune, and I doubt he gets more than 1/3rd of Medallion's $10B capacity. He's probably got more money in RIEF than in Medallion.