Quant hedge fund Two Sigma has strengthened its artificial intelligence and machine learning capabilities with the appointment of Francesco Maria Delle Fave as a senior vice president in London, according to a report by eFinancial Careers.

Delle Fave joins from Goldman Sachs, where he spent eight years in a range of quantitative and technology leadership roles, most recently serving as EMEA head of applied AI and EMEA head of data science and machine learning within the bank’s quantitative finance division. He originally joined Goldman as a quantitative strategist.

At Two Sigma, Delle Fave will work on AI- and machine-learning-driven tools that support the firm’s research platform, reinforcing the hedge fund’s long-standing focus on advanced data science techniques in systematic investing.

The appointment adds further depth to Two Sigma’s AI programme, which has incorporated natural language processing for more than a decade and has used generative AI in its investment research processes since at least 2019. The firm has also been developing reinforcement learning strategies since 2021, an area in which Delle Fave has previously expressed particular interest, alongside the use of synthetic data.