Founded by billionaires John Overdeck and David Siegel in 2001, the firm’s assets under management also just reached $45 billion, up from $32 billion at the start of 2016. Technology funds Renaissance Technologies and Two Sigma Capital have both posted large gains in assets under management as investors flock to their data - driven factor and quant - based products . They 're bucking the trend in the hedge fund industry , which is suffering from poor returns and a drift towards passive investment vehicles . Both companies have seen their assets under management rise to $ 300 , with Renaissance overseeing $ 27bn at the start of 2010 and Two Sigma looking after $ 100 at the same point .
Technology funds Renaissance Technologies and Two Sigma Capital have both posted large gains in assets under management as investors flock to their data - driven factor and quant - based products . They 're bucking the trend in the hedge fund industry , which is suffering from poor returns and a drift towards passive investment vehicles . Both companies have seen their assets under management rise to $ 300 , with Renaissance overseeing $ 27bn at the start of 2010 and Two Sigma looking after $ 100 at the same point .