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Two Sigma lost major investor amid founders’ long-running dispute

Two Sigma Investments lost a major investor in 2023 amid the long-running dispute between billionaire co-founders John Overdeck and David Siegel, according to a report by Bloomberg citing testimony…

  • Two Sigma lost a major investor in 2023 due to founders' dispute
  • John Overdeck and David Siegel's conflict raised governance concerns
  • Overdeck testified about investor withdrawal to defend his stake

EQT takes majority stake in Melbourne Storm

Swedish private equity firm EQT has acquired a majority interest in Australian rugby league club Melbourne Storm, marking its first direct investment in a professional sports team according to a…

  • EQT acquires majority stake in Melbourne Storm for AUD150m.
  • First direct sports investment by EQT.
  • NRL club benefits from record media rights deal.

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