Two Sigma's billionaire cofounders, John Overdeck and David Siegel, are stepping down. The $60 billion quant named Carter Lyons and Scott Hoffman as the new co-CEOs. Overdeck and Siegel have made ...

By Maureen Farrell Two Sigma, one of the world’s largest hedge funds, said on Wednesday that its billionaire co-founders, John Overdeck and David Siegel, would step down as co-chief executives.

Two Sigma was founded in 2001 by David Siegel, a computer scientist, and John Overdeck, a mathematician, with a focus on bringing technology and data science to investment management. Today ...

John Overdeck and David Siegel, who set up Two Sigma in 2001, are handing over the reins to two new co-CEOs after a years-long feud over the direction of a firm that manages $60 billion in assets ...

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Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The founders of Two Sigma, one of the world’s largest hedge funds, are stepping down as co-chief ...

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