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Two Sigma halts real estate fundraising and cuts senior staff

Reported · Written up by our desk · Equity Funds

Two Sigma Investments has halted fundraising and new investments at its real estate division, while cutting several senior executives after the business fell short of its $2bn fundraising target, according to a report by Bloomberg. The New York-based firm, which manages approximately $85bn in assets, launched its real estate strategy to external investors in 2024 but raised less than half its target amid challenging conditions for private property investment. Rich Gomel, partner and chief investment officer of the real estate unit, is leaving alongside several senior colleagues, including two

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Sources

HedgeweekTwo Sigma halts real estate fundraising and cuts senior staff

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