(Source: www.businessinsider.sg)

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Forty-five-billion-dollar hedge-fund firm Two Sigma has ranked as the fifth-biggest hedge fund in the world. And it has board games.
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Sarah Jacobs/Business Insider

What do you picture when you imagine a hedge-fund office? A noisy trading floor full of hedge-fund guys in fleece vests?

Two Sigma, a $45 billion hedge-fund firm that uses advanced technologies to find investment opportunities, is a little different. The firm, which says it has seen head count grow by more than 400% in the past seven years, is as much a technology company as it is a finance company, analyzing over 10,000 data sources to find patterns in markets.

That approach seems to have paid off. Two Sigma ranked as the fifth-biggest hedge fund in the world in Institutional Investor’s Alpha’s 2017 Hedge Fund 100 list, while cofounders David Siegel and John Overdeck each made $750 million last year, according to the magazine’s list of the top-earning hedge-fund managers. The firm also runs an insurance business, Two Sigma Insurance Quantified, a market-making arm called Two Sigma Securities, and a venture-capital arm.

In August, Business Insider took a tour of the firm’s two New York offices, which are across the road from each other in the SoHo neighborhood. The offices are stashed with arcade games, computing memorabilia, gyms, a hacker space, and a music room.

There was a teach-in on Python for Research when we visited 101 Avenue of the Americas, one of three talks the firm hosts weekly.

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Sarah Jacobs/Business Insider

The kitchen was well stocked.

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Sarah Jacobs/Business Insider

You may be able to see a Juicero machine on the left side. Two Sigma Ventures, the venture arm of Two Sigma, is an investor in Juicero, which recently announced a price cut and layoffs.

Across the road at 100 Avenue of the Americas, there’s another kitchen, with staff taking time out to play games.

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Sarah Jacobs/Business Insider

Two Sigma hosts cook-offs at the office, where all the ingredients have to be sourced from the pantry.

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Sarah Jacobs/Business Insider

The shelves are stocked with games that look pretty well used.

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Sarah Jacobs/Business Insider

The office is decked out with references to computing history, including these old-school keyboards.

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Sarah Jacobs/Business Insider

Here’s some more computing history.

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Sarah Jacobs/Business Insider

The Two Sigma office has a hacker space.

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Sarah Jacobs/Business Insider

All employees are taught how to use LEDs on their first day at the firm.

The space is full of old screens and computer gear, and staff are welcome to drop in and spend time taking things apart, building things, and playing with the 3D printer. The space also hosts classes in the evening.

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Sarah Jacobs/Business Insider

The wall is covered with quotes from the likes of author Antoine de Saint-Exupéry, legendary physicist Freeman Dyson, and science fiction hero Doctor Who.

There’s also this guy.

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Sarah Jacobs/Business Insider

This is Baxter, a humanoid robot made by Rethink Robotics. Two Sigma Ventures is a backer.

The hacker space is run by Rachel, who used to be a lighting designer.

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Sarah Jacobs/Business Insider

Rachel told us that programmers often visit for 20 or 30 minutes at lunch as a diversion. “This is my way of expressing myself,” she said, as she showed us some jewelry with LEDs.

Two Sigma also hosts an annual artificial-intelligence competition, and in 2016 it pitted AI against humans in a game of air hockey.

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Sarah Jacobs/Business Insider

You can see what happened in the competition here.

The office also has several gyms.

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Sarah Jacobs/Business Insider

There are lots of meeting spaces and quiet corners.

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Sarah Jacobs/Business Insider

There are also several retro “Space Invaders” games around the office.

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Sarah Jacobs/Business Insider

It was a quiet day when we visited. Still, it was striking that the office didn’t feel like the finance offices we’ve visited. Apart from a few big screens on the walls with charts, there was little to giveaway that this was the office of a $45 billion hedge fund.

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Sarah Jacobs/Business Insider

The architecture and furniture have a very modern feel.

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Sarah Jacobs/Business Insider

The Two Sigma Ventures offices were bright and airy.

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Sarah Jacobs/Business Insider

Two Sigma Ventures invests in early stage startups, primarily at seed stage and in Series A funding rounds, though it follows on as companies progress. It has invested in more than 50 companies to date, most of which are focused on data science and analytics. The idea is that Two Sigma’s expertise in these fields gives the venture arm an advantage in finding and selecting attractive investments.

It had the obligatory foosball table.

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Sarah Jacobs/Business Insider

The Two Sigma Ventures office area has coworking space for 90 people, who tend to work at the smaller startups it has backed. Once these startups reach a certain size or get to a certain level of funding, they tend to move out and find their own space.

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Sarah Jacobs/Business Insider

The Two Sigma Ventures office space also has a library, complete with nooks where staff often go to get quiet time.

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Sarah Jacobs/Business Insider

Here’s another gym, this time with treadmills with a view of Manhattan.

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Sarah Jacobs/Business Insider

Back at 101 Avenue of the Americas, there’s a music room. There’s even a Two Sigma band, the Algorhythms, which plays the office holiday party. Here they are rehearsing.

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Sarah Jacobs/Business Insider

The office has a sundeck, which is open 24/7.

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Sarah Jacobs/Business Insider

More Info: www.businessinsider.sg

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