According to reports, quantitative fund giant Two Sigma Investments cut senior staff in the real estate sector and stopped raising capital for it, and this move was only two years after it opened up to external funding. People familiar with the matter revealed that Rich Gomel, the division's partner and chief investment officer, will step down. Other members of the real estate leadership team will also leave. According to reports, Two Sigma is seeking to raise about 2 billion US dollars for the sector, but in the end, it only achieved less than half of its goals in a challenging financing environment.

According to reports, quantitative fund giant Two Sigma Investments cut senior staff in the real estate sector and stopped raising capital for it, and this move was only two years after it opened up to external funding. People familiar with the matter revealed that Rich Gomel, the division's partner and chief investment officer, will step down. Other members of the real estate leadership team will also leave. According to reports, Two Sigma is seeking to raise about 2 billion US dollars for the sector, but in the end, it only achieved less than half of its goals in a challenging financing environment.