Two Sigma Investments lost a major investor in 2023 amid the long-running dispute between billionaire co-founders John Overdeck and David Siegel, according to a report by Bloomberg citing testimony from Overdeck in his ongoing divorce proceedings.
Overdeck disclosed the investor departure while giving evidence in his matrimonial trial in New Jersey, where his wife, Laura Overdeck, is seeking a share of his stake in the quantitative hedge fund firm.
He said the fallout between the founders had ra...
Continue Reading
Sign up for FREE to read the full article and access 153K+ alternative investment headlines.
Alternative Investment News