Two Sigma co-founders in rift that poses 'material risk'
A rift between the co-founders of Two Sigma Investments over the firm's organization and succession plans could pose a threat to its clients.
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A rift between the co-founders of Two Sigma Investments over the firm's organization and succession plans could pose a threat to its clients.
Some of the world's biggest hedge funds are at a critical juncture where they need to discuss the future of their firms.
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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,…
None John Overdeck and David Siegel created hedge-fund giant Two Sigma, amassing billions in wealth. • None The rift could have significant consequences for…