John Overdeck

John Albert Overdeck (born 1969) is an American billionaire hedge fund manager. Overdeck is the co-founder and co-chairman of Two Sigma Investments, a New York City-based hedge fund that uses a variety of technological methods, including artificial intelligence, machine learning, and distributed computing for its trading strategies. In 2016, Overdeck reported $375 million in earnings

In March 2019, he was named one of the highest-earning hedge fund managers and traders by Forbes.

Early life Overdeck is the son of Dr. John M. Overdeck of Columbia, Maryland, a retired senior mathematician at Fort Meade, Maryland, for the National Security Agency, and the late Betsey Lombard Overdeck, who was a director of Computer Sciences Corporation. He then earned a bachelor's degree in mathematics and a master's degree in statistics, both from Stanford University.

Prior to co-founding Two Sigma Investments, Overdeck was a managing director at D.E. Shaw & Co., and a vice president at Amazon.com. The company's main office is in New York City with branch offices in Houston, London, and Hong Kong. In January 2015, the firm had $34.21 billion in assets under management and as of May 2017, the firm had $41 billion.

Two Sigma Investments also operates a market-making business, owns a Bermuda reinsurance company, and runs a venture capital arm.

As of March 2019, his net worth was $6.1 billion, making him one of the highest-earning hedge fund managers and traders by Forbes. and a board member of the Hamilton Insurance Group.

Personal life On October 12, 2002, Overdeck married Laura Bilodeau, then a principal consultant for Stanford Research Institute; she went on to found Bedtime Math. They have three children and live in Millburn, New Jersey. Laura Overdeck also sued over the family's lawyers moving various family assets into trusts in Wyoming, saying it appeared to be a way to hide assets from her and the children.

Overdeck competed in the 2019 National Museum of Mathematics's Masters Tournament, which raised almost $1 million, and placed third. The foundation's overall goal is to enable all American children to unlock their potential by strengthening learning in and out of school.

The Overdecks' education philanthropy focuses on four key issue areas: "early impact", "exceptional educators", "innovative schools", and "inspired minds". They have made gifts to Robin Hood Foundation for work by MDRC to study the long-term effects of various early childhood programs. The Overdecks have also supported the Harlem Children's Zone within its early impact strategy and the Khan Academy. Laura Overdeck is an alumna of Governor's School and was instrumental in saving the program through private donations in 2006.

In October 2018, The Overdeck Education Innovation Fund gifted $1 million to be distributed over the next three years by the Woodrow Wilson School of Public and International Affairs for research on education issues. This is the second gift from the Overdeck Family Foundation, the first of which was $1 million donated in 2016.

Honors and recognition 1986, Silver Medal for the U.S. in the International Mathematical Olympiad in Poland at age 16 2012, Distinguished Alumni of The Johns Hopkins Center for Talented Youth 2017, Golden Plate Award of the American Academy of Achievement 2019, Manager Lifetime Achievement Award at Institutional Investor's 17th annual Hedge Fund Industry Awards