was built to handle $100 billion, but not all at once. Simons made plans for other new funds, initiating work on the Renaissance Institutional Futures Fund, RIFF, to trade futures contracts on bonds, currencies, and other assets in a long-term style. A new batch of scientists was hired, while staffers from other parts of the company lent a hand, fulfilling Simons’s goal of energizing and unifying staffers.1 He still had another pressing problem to address.
