Smoke Appears About a Possible Succession Issue at Two Sigma Investments

Posted on 06/21/2023

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,…

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