Quantitative specialist firm Two Sigma announced that it had closed on its Sightway Capital I with $1.2 billion in investor commitments.
For the growing $48 billion New York firm, private equity and venture capital has been a popular offshoot. Earlier this month, Two Sigma’s venture capital arm raised up to $230 million for its third fund, which reportedly was set to raise $250 million.
Two Sigma Ventures was initially a strategy for firm insiders including founders John Overdeck and David Siegel and was built out beginning in 2011 by Colin Beirne.
Unlock this article instantly, along with the rest of our premium content, newsletters and data tables tracking investor and manager activity. Monthly and annual subs available.