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Home›ETFs & Funds›Hedge Funds›Paloma Partners overhauls multi-strategy hedge fund pl…

Paloma Partners overhauls multi-strategy hedge fund platform

The firm is cutting the number of portfolio-management teams it backs by about half as it refocuses on fewer, high-conviction trading strategies.

Reported · Written up by our desk · Hedge Funds

Hedgeweek reports that Paloma Partners, led by veteran hedge fund manager Donald Sussman, is rolling out a major overhaul of its multi-strategy platform.

According to the report, the change involves backing a smaller set of high-conviction trading strategies, with the number of portfolio management teams the firm supports reduced by roughly half.

The restructuring reflects Paloma Partners' renewed focus on a narrower group of strategies, including an emphasis on arbitrage, as described by the outlet citing Bloomberg.

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Sources

HedgeweekPaloma overhauls multi-strategy platform with fewer teams and renewed focus on arbitrage

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