Two Sigma Starts Impact-Investing Business Focusing on Workers
- Aim is to help mid-size employers ‘unlock human potential’
- Firm’s co-founder Siegel warned of machines seizing jobs
Source: Getty Images
This article is for subscribers only.
Two Sigma, the $60 billion quant firm whose co-founder has warned of the threat automation poses to the global workforce, is starting a group to back companies that develop their employees’ potential.
The new unit will make private “workforce impact” investments, with a goal to find consumer, business-services, education and health-care companies that “unlock human potential,” Two Sigma said on its website Thursday.