NJ billionaire had cops called on him by girlfriend while fighting $6.2 billion divorce case: report

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NJ billionaire had cops called on him by girlfriend while fighting $6.2 billion divorce case: report

See more of our coverage in your search results. Add The New York Post on Google.

Article outline

  1. What happened
  2. The key numbers
  3. Background
  4. Reaction
  5. The bottom line

Key points

  • In October 2023, the mystery lady dialed 911 during a quarrel inside the marital mansion – purchased two decades earlier by the then-happy couple for $3.64 million, records show.
  • Laura is seeking 35% of Overdeck's stake in his hedge fund, worth regarding $6.2 billion – after turning down his offer of more than $600 million.
  • Laura Overdeck is demanding a 35% cut of his estimated $6.2 billion share in Two Sigma.
  • In another 2023 call, the girlfriend phoned cops for a wellness check on John Overdeck.
  • Earlier in the day, John Overdeck tried to argue that the public disclosures could hurt Two Sigma, claiming that they've already lost investors.

Billionaire hedge fund mogul John Overdeck's lover called the police to his tony New Jersey mansion a number of times as the financier was facing what has now become the most expensive divorce in the state's history, according to resurfaced reports.

Cops were summoned at least eight times to the 6, 000-square-foot estate in Short Hills that the Two Sigma founder once shared with his estranged wife, Laura Overdeck, Bloomberg documented, citing police reports and bodycam footage.

In practice, the math genius and his wife – who married without a prenup during the infancy of Overdeck's $80 billion firm – are now duking it out in a Newark courtroom after Laura Overdeck filed for divorce in March 2022.

Plenty of of the 911 calls to the home – which took place between April 2023 and June 2024 – involve an unnamed paramour whom John Overdeck informed cops he was seeing, the report states. Charges were never filed in any of the incidents, Bloomberg remarked.

Citing body-worn camera footage, Bloomberg states that John Overdeck described his situation with the complaining woman as "volatile."

He detailed a number of incidents in which the woman had accessed a file related to Two Sigma on his computer – and another where she sent the firm an email, the footage reportedly indicates.

In another 2023 call, the girlfriend phoned cops for a wellness check on John Overdeck. This person had been sitting inside his car for four hours, according to the outlet.

Notably, the billionaire allegedly informed the cops that he was sad over a canceled trip with some pals, and informed them his relationship with the woman who summoned them was "complicated, " Bloomberg noted.

While Laura Overdeck filed for divorce back in 2022, only citing "irreconcilable differences" for a period of at least six months, it's unclear when John Overdeck began pursuing the mystery lover.

Laura Overdeck is demanding a 35% cut of his estimated $6.2 billion share in Two Sigma. It would upset the billionaire's ownership of the quant firm after years of leadership unrest.

She's additionally seeking an equal share of their massive home, their hundreds of millions in treasury funds and their foundation – as well as restoration as an equal partner in the trusts established for their three kids.

It has turned the high-profile case into one of the largest contested divorces in New Jersey history.

Inside New Jersey Superior Court Wednesday, the fiery proceedings moved at such a snail's pace that a peeved-off judge admonished the attorneys on both sides for wasting the court's time arguing over redactions of evidence instead of hashing out their qualms beforehand.

"Are we using the trial time very effectively, in the court's view?" remarked Judge Bruce Buechler. "Absolutely not."

"I think that will actually harm the firm as well. I think it has to some degree it already has, " he remarked.

"Isn't it true that since the complaint for divorce has been filed, and since all of the press, the amount of assets under management at Two Sigma has actually increased?" Theresa Lyons, attorney for Laura Overdeck, asked the financier.

Since of a ruling by the same judge in April that identified Laura Overdeck had violated discovery orders, her pleadings were dismissed – which means she can only create her case by grilling the husband on cross-examination.

Her underhanded tactics included snooping on her estranged hubby's computer and snapping cell phone pics of his emails discussing legal strategy, according to court findings.

In short, NJ billionaire had cops called on him by girlfriend while fighting $6.2 is the central thread here, and readers can expect follow-up reporting as the picture becomes clearer.

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