Two Sigma Reach Has Seen One of It’s Funds $100 Million Mark

///Two Sigma Reach Has Seen One of It’s Funds $100 Million Mark

Two Sigma Reach Has Seen One of It’s Funds $100 Million Mark

Mark Pickard and David Siegel and John Overdeck

New York-based quant hedge fund firm Two Sigma Investments has seen one of its funds reach the $100 million mark. The fund launched last summer with its first sale to investors on July 1, according to a Securities and Exchange Commission filing on Friday.

The fund launched last summer with its first sale to investors on July 1, according to a Securities and Exchange Commission filing on Friday.

It has a minimum investment level of $1 million for any outside investor, and so far only one investor has bought into the fund that plans to stay open for at least a year, according to the filing.

 

Two Sigma was founded in 2001 by former Tudor Investment Corp. partners Mark Pickard and David Siegel, and former Amazon.com executive John Overdeck. It has over $8.6 billion in assets under management.

http://news.hedgefund.net/default.aspx?story=13380

2012-03-02T14:40:02+00:00

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