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WeWork’s Rich Gomel Joins Two Sigma

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Rich Gomel, chief investment officer of Two Sigma Real Estate platform (Crunchbase)
Rich Gomel, chief investment officer of Two Sigma Real Estate platform (Crunchbase)

The former head of WeWork’s real estate investment arm has joined the quantitative hedge fund Two Sigma to help launch its new property investment platform.

Rich Gomel joined the data-centric hedge fund as chief investment officer for its new Two Sigma Real Estate platform, the company announced Wednesday.

“We’re focused on where we think the data and technology give us the most competitive advantage,” Gomel said. He added Two Sigma will use data sets like credit card info and geolocation data to identify areas of value and growth.

He declined to comment on the size of the company’s new real estate platform, but said it’s “enough…



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