Finance

Two Sigma Co-CEO Scott Hoffman Quits as Infighting Drags On

Scott Hoffman resigned from Two Sigma Investments after less than two years as its co-chief executive officer, the latest fallout from years of infighting at the $70 billion hedge fund.

Hoffman cited “ongoing governance challenges” since one of the founders, John Overdeck, returned to Two Sigma’s management committee, according to a March 31 filing.