He Quietly Made Billions for Two Sigma. Now, the 'Godfather' of a Star Research Unit Is Starting His Own Fund.

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

OsakaWayne Studios/Getty Images One of the most prolific Wall Street investors you’ve never heard of is preparing to launch a hedge fund. He’s never been written about in a mainstream news article, but in certain quant finance circles, Hao Zhang is a revered figure. For 17 years, up until 2024, the quant researcher produced some of the most valuable trading signals at $60 billion hedge-fund giant Two Sigma. A pioneer in applying machine learning…

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

OsakaWayne Studios/Getty ImagesOne of the top quant researchers in Two Sigma's history is starting his own hedge fund.Hao Zhang pioneered machine learning trading research at Two Sigma, generating billions in profits.Zhang intends to launch Hippocampus Capital Management in early 2026, sources said.One of the most prolific Wall Street investors you've never heard of is preparing to launch a hedge fund.He's never been written about in a mainstrea…