Inside the New York City offices of $45 billion hedge-fund firm Two Sigma

business news

What do you picture when you imagine a hedge-fund office? A noisy trading floor full of hedge-fund guys in fleece vests?

Two Sigma, a $45 billion hedge-fund firm that uses advanced technologies to find investment opportunities, is a little different. The firm, which says it has seen head count grow by more than 400% in the past seven years, is as much a technology company as it is a finance company, analyzing over 10,000 data sources to find patterns in markets.

That approach seems to have paid off. Two Sigma ranked as the fifth-biggest hedge fund in the world in Institutional Investor’s Alpha’s 2017 Hedge Fund 100 list, while cofounders David Siegel and John Overdeck each made $750 million last year, according to the magazine’s list of the top-earning hedge-fund managers. The firm also runs an insurance business, Two Sigma Insurance Quantified, a market-making arm called Two Sigma Securities, and a venture-capital arm.

In August, Business Insider took a tour of the firm’s two New York offices, which are across the road from each other in the SoHo neighborhood. The offices are stashed with arcade games, computing memorabilia, gyms, a hacker space, and a music room.

SEE ALSO: These before-and-after photos show tech billionaires’ dramatic transformations

There was a teach-in on Python for Research when we visited 101 Avenue of the Americas, one of three talks the firm hosts weekly.

The kitchen was well stocked.

You may be able to see a Juicero machine on the left side. Two Sigma Ventures, the venture arm of Two Sigma, is an investor in Juicero, which recently announced a price cut and layoffs.

Across the road at 100 Avenue of the Americas, there’s another kitchen, with staff taking time out to play games.

See the rest of the story at Business Insider

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