Saturday, 28 February 2015
Last updated 1 day ago
Feb 28 2012 | 5:31am ET
Quantitative hedge fund shop Two Sigma Investments is celebrating a milestone for a new fund launched last year.
The fund, launched July 1 by the New York-based firm, now manages $100 million, Two Sigma said in a Securities and Exchange Commission filing. What's more, the money comes from just a single investor—Two Sigma plans to continue fundraising for at least a year, it said.
The new fund has a $1 million minimum investment requirement.
Two Sigma has more than $8.6 billion in assets under management in total.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…