Macro Finance
Multistrat Hedge Fund Paloma to Cut Teams in Latest Pivot
Bloomberg Markets·July 16, 2026·1 min read
Donald Sussman, the veteran behind Paloma Partners, is pivoting his long-standing multistrategy hedge fund to focus on fewer managers in which he has the highest conviction. The firm adjusts to a decline in assets over the past three years, cutting teams in its latest strategic shift.
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