Monday, 26 September 2016
Last updated 2 days 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.