They limited the fund size so employees frequently got distributions from the fund instead of just rolling over their investments. However, the distributions we

They limited the fund size so employees frequently got distributions from the fund instead of just rolling over their investments. However, the distributions were still in the millions of dollars. They also got into some tax trouble with uncle sam and had to pay 7b in back taxes (https://www.wsj.com/articles/james-simons-robert-mercer-others-at-renaissance-to-pay-7-billion-to-settle-tax-probe-11630617328 https://www.wsj.com/articles/james-simons-robert-mercer-othe...)