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Two Sigma executive to exit amid ongoing founders' dispute

Reported · Written up by our desk · Equity Funds

Two Sigma Investments is facing another senior leadership departure as Seth Platt prepares to leave the $85bn hedge fund amid a prolonged governance dispute between co-founders David Siegel and John Overdeck, according to a report by Bloomberg. Platt, Siegel's representative on the firm's two-person management committee, has requested that a replacement be found and will depart once a successor is appointed. His exit will require Siegel to select a third representative in approximately two years. The departure follows months of disagreement over whether Platt should also serve as co-chief exec

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