Two Sigma taps Goldman’s Delle Fave

Francesco Maria Delle Fave has joined hedge fund Two Sigma as senior vice president of AI and machine learning engineering.

Two Sigma reports more than US$60 billion in assets under management.

Last year, the company was fined US$90 million by the US Securities and Exchange Commission.

READ MORE: Two Sigma fined US$90m by SEC over trading model scandal

Rule 606 disclosures from the firm’s ELP subsidiary Two Sigma Securities demonstrate its cash equities preference.

READ MORE: Citadel Securities, IMC paid US$420m for retail flows as options surged

Delle Fave joins the hedge fund after eight years at Goldman Sachs, where he was most recently team lead for applied AI in EMEA. Prior to this, he was a senior machine learning and quant scientist covering predictive analytics.

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