Two Sigma Raises $3.3 Billion for New Macro Hedge Fund

Bloomberg – Two Sigma, an investment firm that uses computer models to bet on markets, raised $3.3 billion for a macro hedge fund in one the largest new pools of such capital raised since the 2008 financial crisis.

Investors sought out the fund, which can bet on macroeconomic trends by investing in equities, fixed income, commodities and currencies, because it seeks to generate returns not tied to the market, said Nobel Gulati, chief executive officer at Two Sigma Advisers LLC, the part of the New York-based firm that manages money for pension plans, sovereign-wealth funds and other institutional clients.

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