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Alternative Market Briefing

Two Sigma names new co-CEOs
Thursday, August 29, 2024

Bailey McCann, Opalesque New York:

After many years of conflict, the founders of Two Sigma Investments - John Overdeck and David Siegel - are stepping down. The firm announced that Scott Hoffman and Carter Lyons were appointed co-chief executive officers effective Sept. 30.

Overdeck and Siegel will continue to serve as co-chairmen of the firm, according to a statement on the transition.

The stability of the firm had been in question following a March 2023 r......................

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