Two Sigma Investments LP
A hedge fund with headquarters in New York City called Two Sigma Investments develops trading techniques using a range of technology tools, such as distributed computing, artificial intelligence, and machine learning. Josh Overdeck and David Siegel established the Two Sigma Investments Limited Partnership. The fund reflects the background in technology of its founders, including Mr. Siegel, who holds a Ph.D. from the Massachusetts Institute of Technology. For its trading techniques, it makes use of artificial intelligence and machine learning.
The business press has drawn attention to Two Sigma for its extremely high rate of return, which is comparable to those of its more experienced and established rivals, D. E. Shaw & Co. and Renaissance Technologies. One of the largest fresh pools of such cash raised since the 2008 financial crisis, Two Sigma raised $3.3 billion in October 2014 for a macro hedge fund. Two Sigma Investments LP's AUM totaled $40.9 billion at the end of the first quarter of this year. In October 2022, it introduced a brand-new $518 million fund. The Two Sigma Neptune Enhanced Fund is a fund that focuses on investing in macro strategies.
Year of establishment: 2001
Founders: John Overdeck, David Siegel, Mark Pickard
Headquarters: New York City, U.S.
Revenue: $72.6 million (2021)
AUM: $40.9 billion (2022)
Website: http://www.twosigma.com/
