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Opendoor just hired a top quant researcher from $34 billion hedge fund Citadel to oversee home pricing and data as the iBuyer gears up to go public via a SPAC

1 month ago   |   By Business Insider

Summary List Placement
Home flipping and reselling company Opendoor announced today that it has hired Daniel Morillo, a current Citadel and former BlackRock executive, as its chief investment officer.
Morillo is currently a managing director and head of equity quantitative research at $34 billion Citadel, where he runs the hedge fund firm's equity research and analytics. A spokesperson for Citadel told Business Insider that Morillo would leave the firm at year-end, and a spokesperson for Opendoor told Business Insider he would join the firm by Jan. 1st, 2021, at the latest.
He will become...
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Opendoor hires CIO from Ken Griffin's Citadel

Opendoor hires CIO from Ken Griffin's Citadel

1 month ago   |   By The Real Deal New York

As it prepares to go public, Opendoor is bringing on a new hire from Citadel, Ken Griffin's $32 billion hedge fund. Daniel Morillo will join the company as chief investment officer, leading Opendoor's pricing and data science teams, the company said in a blog post Friday. “As we look at our future plans to expand nationwide... it is critical that we continue to deliver homeowners accurate and competitive offers,” co-founder and CEO Eric Wu
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