Scott Hoffman cited “ongoing governance challenges” as the reason for his resignation as co-CEO of $70bn hedge fund Two Sigma after less than two years in the role, according to a report by Bloomberg citing a 31 March regulatory filing.
His resignation came following the return of co-founder John Overdeck to the management committee amid a years-long dispute between Overdeck and fellow co-founder David Siegel over the firm’s strategic direction. In 2024, both founders temporarily stepped back an...
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