Renaissance Technologies

Renaissance Technologies is a privately held company founded by James Harris Simons on January 1, 1982 . The company is based in Setauket-East Setauket, New York and is known for its operations in the hedge fund , financial services , and finance industries in the United States .

Renaissance Technologies serves as an organization and a parent company to subsidiaries such as Biogen and U.S. Steel . The company competes with other firms in the same market, such as GoldenTree Asset Management .