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Smoke Appears About a Possible Succession Issue at Two Sigma Investments

A March 2023 filing to IAPD shows a divide between the billionaire co-founders of hedge fund Two Sigma Investments. John Overdeck and David Siegel founded Two Sigma, which manages money for pensions, foundations, and some sovereign wealth funds, back in 2001. The co-founders are arguing about succession plans and other governance issues. The filing states,โ€ฆ
John Overdeck David Siegel Smoke Appears About Possible Succession Issue Two Sigma

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Billionaire Co-Founders of Two Sigma Investments in Rift That Poses 'Material Risk'

(Bloomberg) -- A rift between the billionaire co-founders of Two Sigma Investments over the firm’s organization and succession plans, as well as other disputes, could pose a threat to its clients. Most Read from BloombergThese Are World’s Most Expensive Cities for High-Class LivingHedging Failure Exposes Private Equity to Interest-Rate SurgeNoises Detected in Search for Missing Titanic SubmersibleWhat We Know About the Missing Titanic SubmersibleTitanic Explorer Says Two Likely Dis...
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