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Two Sigma explores stake sale amid founders’ governance dispute
Two Sigma Investments is considering selling a minority stake to an external investor in a bid to resolve a longstanding governance dispute between co-founders John Overdeck and David Siegel, according to a report by Bloomberg. The New York-based firm, which manages approximately $85bn, has held preliminary discussions with potential investors including a Middle Eastern institution and a US pension fund. The proposed transaction would introduce a third shareholder capable of breaking deadlocks between Overdeck and Siegel, who each control roughly half the business. Two Sigma is understood to f
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