He quietly made billions for Two Sigma. Now, the 'godfather' of a star research unit is starting his own fund.
Briefly

Hao Zhang, a leading quant researcher at Two Sigma, is setting out to establish his hedge fund named Hippocampus Capital Management, with a targeted launch in early 2026. He has been a prominent figure in the quant finance world for 17 years, where he developed highly valuable trading signals that generated billions in profits for Two Sigma. As he approaches his launch, Zhang is engaging with potential investors and service providers. His innovative application of machine learning in trading has cemented his reputation, and market expectations are high regarding his new venture.
Hao Zhang, a top quant researcher at Two Sigma, pioneered machine learning trading research, generating billions in profits before planning to launch Hippocampus Capital Management in 2026.
Zhang is revered in quant finance circles for producing some of the most valuable trading signals at Two Sigma, where he worked for 17 years.
Industry sources believe Zhang's hedge fund will attract significant interest from investors due to his strong reputation and successful track record in alpha research.
Zhang's early career at Two Sigma marked him as a pioneer in applying machine learning to markets, positioning him at the forefront of quant trading innovation.
Read at Business Insider
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