This content is from: Corner Office

John Overdeck and David Siegel to Receive Lifetime Achievement Award

The Two Sigma co-founders will be honored at Institutional Investor’s 17th annual Hedge Fund Industry Awards.

In the 18 years since John Overdeck and David Siegel co-founded Two Sigma, it has evolved from a hedge fund startup to a $60 billion, quantitative investment powerhouse with a distinctly technology-focused culture that has attracted both premium talent and blue-chip clients. 

For that reason, Overdeck and Siegel, co-chairmen of Two Sigma, will jointly receive the manager lifetime achievement award this year at Institutional Investor’s 17th annual Hedge Fund Industry Awards. 

The duo first met at quantitative investment firm D.E. Shaw & Co., where Overdeck ran Japanese equities and equity-linked investments and supervised the firm’s London investment management affiliate. Siegel was chief information officer. Siegel holds a PhD in computer science from the Massachusetts Institute of Technology, where he conducted research at the Computer Science and Artificial Intelligence Laboratory. Overdeck, who holds a B.S. in mathematics (with distinction) and an M.S. in statistics from Stanford University, won a silver medal for the U.S. in the 27th annual International Mathematics Olympiad in 1986.

They founded Two Sigma in 2001. Since then, the firm has generated a $15.2 billion net gain for its investors, landing it on an annual list of the most successful hedge funds of all time, compiled by London-based funds-of-funds firm LCH Investments. 

Overdeck and Siegel will be feted at the 17th Annual Hedge Fund Industry Awards dinner at the Mandarin Oriental hotel in New York on Thursday, June 27. Two Sigma also has been nominated for Institutional Hedge Fund Manager of the Year and Quantitative Hedge Fund Manager of the Year. 

The managers will be honored alongside Collette Chilton, chief investment officer of Williams College, who will receive the allocator lifetime achievement award. In the coming days II will reveal the 2019 Hedge Fund Rising Stars, who will also receive recognition at the dinner.

[II Deep Dive: Collette Chilton, Williams College CIO, to Receive Lifetime Achievement Award]

For more about the dinner, and for a full list of hedge fund investment manager and allocator finalists, please visit II's 2019 Hedge Fund Industry Awards website. To vote for the winners in the manager and allocator categories, please visit the awards website to request a ballot. Winners will be announced at the event.

Related Content