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.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...