Two Sigma Advisers, LP (New York)

Name: Two Sigma Advisers, LP
Address: 100 Avenue Of The Americas, New York, NY, 10013 1689
Telephone: (212) 625-5700

Two Sigma Advisers, LP is a large advisory firm based in New York. It manages $78.33 billion of regulatory assets for 38 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of New York.

Two Sigma Advisers provides portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Two Sigma Advisers: assets under management

The assets under management (AUM) of Two Sigma Advisers, LP is $78.33 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 149% since the beginning of its operation, and $59.89 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $78.33 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.06 billion each.

Two Sigma Advisers has custody of $28.64 billion in cash and securities for 28 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 53% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 47% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Two Sigma Advisers, LP for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Two Sigma Advisers serves?

The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Two Sigma Advisers is pooled investment vehicles with 32 clients and $66.05 billion of assets under management. Among the 8 most similar advisory firms, Two Sigma Advisers has the 4th lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $68.46 billion for 33 clients. 63% of the firm’s clients are foreign persons or businesses.

Two Sigma Advisers also advises several private funds. Namely, forty hedge funds. The minimum investment commitment required of non-related persons ranges from $0 to $1,000,000.

Careers at Two Sigma Advisers, LP

The company employs 100 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Geoffrey P Duncombe has served as the Chief Investment Officer since 1 Jan 2016 and Nobel (Nmn) Gulati is the Chief Executive Officer of Two Sigma Advisers, LP family office. Satish Ramakrishna joined the executive team most recently as the Chief Risk Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John Albert Overdeck	Co-chairman	1 Dec 2001	Other	2280794
David Mark Siegel	Co-chairman	1 Dec 2001	Other	2197031
Matthew Brady Siano	General counsel	1 Jul 2004	Other	5032060
Llc Two Sigma Management	General partner	1 Dec 2005	Other	20-3495735
Nobel (Nmn) Gulati	Chief executive officer	1 Jun 2007	Other	2765281
John Michael Overdeck	Trustee of overdeck family gst exempt trust	1 Dec 2007	Other	6317393
Bertram Siegel	Trustee of siegel family gst exempt trust	1 Dec 2007	Other	6317811
John Albert Overdeck	Trustee of john a. overdeck revocable trust	1 Dec 2007	25% - 50%	2280794
David Mark Siegel	Trustee of david m. siegel revocable trust	1 Dec 2007	25% - 50%	2197031
Overdeck Family Gst Exempt Trust	Limited partner	1 Jan 2008	Other	36-7645245
Siegel Family Gst Exempt Trust	Limited partner	1 Jan 2008	Other	36-7117258
Peter Francis Desmond	Chief strategy officer	1 Jul 2008	Other	5031996
Dawn Marie Schoppner	Controller	1 Sep 2010	Other	5771776
Kevin Michael Farley	Chief compliance officer	1 Jun 2013	Other	2737720
Joseph Anthony Cua	Chief risk officer	1 Nov 2014	Other	6429130
Geoffrey P Duncombe	Chief investment officer	1 Jan 2016	Other	4439296
Carsten Nmn Otto	Chief compliance officer	1 Nov 2016	Other	2688833
Satish Ramakrishna	Chief risk officer	1 Dec 2018	Other	2944925

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
John A. Overdeck Revocable Trust	Member	1 Jan 2008	25% - 50%	26-6160471
David M. Siegel Revocable Trust	Member	1 Jan 2008	25% - 50%	26-6160503

Based in New York

The principal office where Two Sigma Advisers, LP performs its advisory services is located at 100 Avenue Of The Americas, New York, NY 10013 1689, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (212) 625-5700 or by fax (212) 625-5800. The normal business hours are monday (8 am est) through friday (6 pm est) on Monday - Friday. You can find more information about the New York firm at twosigma.com.