Two Sigma's real estate unit pauses new investments and halts fundraising
Rich Gomel, who joined five years ago to lead the unit, is leaving the firm, according to The Real Deal's account of Bloomberg's reporting.
At a glance
Two Sigma Investments' real estate unit is pausing new investments and has stopped raising money, Bloomberg reported.
Rich Gomel, who joined the quantitative hedge fund five years ago to spearhead the real estate unit, is leaving the company, according to The Real Deal's account of Bloomberg's reporting.
The unit, which focuses on housing and industrial deals, opened its door to outside capital two years ago, per the report.
Two Sigma Investments' real estate unit is pausing new investments and has stopped raising money, Bloomberg reported.
Rich Gomel, who joined the quantitative hedge fund five years ago to spearhead the real estate unit, is leaving the company, according to The Real Deal's account of Bloomberg's reporting. Two of the three remaining partners in the unit are also departing, the report said.
The unit, which focuses on housing and industrial deals, opened its door to outside capital two years ago, per the report.
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