Two Sigma Investments co-founder John Overdeck has defended a proposed $723m settlement for his wife Laura as a fair division of wealth accumulated during their 24-year marriage, while disputing her claim to a substantially larger share of his stake in the quantitative hedge fund, according to a report by Bloomberg.
Giving evidence at the couple’s divorce trial in New Jersey Superior Court in Newark, Overdeck said his wife should receive a portion of the increase in the value of his Two Sigma in...
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