Two Sigma Raises $100M For New Fund

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.


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