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Paloma Partners promotes Singh to CEO

Ravi M Singh has been appointed CEO of multi-strategy hedge fund firm Paloma Partners Management, effective 22 November. Singh has stepped into the top leadership role after joining the firm in February 2024 as Chief Strategy Officer, according to a

Former Citi MD resurfaces at hedge fund Millennium

Vikas Sharma, a seasoned professional with over two decades at Citi, has returned to the finance industry after a two-year hiatus joining multi-strategy hedge fund major Millennium, according to a report by eFinancial Careers, citing Sharma’s LinkedIn profile.

Two Sigma axes 200 jobs following strategic review

Two Sigma Investments, one of the world’s leading quantitative hedge funds, is laying off approximately 200 employees following a comprehensive review of its operations by its new Co-Chief Executive Officers, according to a report by Bloomberg.

Agecroft adds veteran Wang in new Hong Kong office

Agecroft Partners is expanding its reach in Asia by opening a Hong Kong office and appointing industry veteran Jerry Wang as a Business Partner to manage all capital introduction services for the firm’s alt investment manager clients.

Verition hires new Head of Support from rival hedge fund

Multi-strategy hedge fund Verition has bolstered its team by appointing Mark Almond as its new head of support. Almond joined Verition this week after a four-year stint at Schonfeld, another prominent hedge fund, according to a report by eFinancial Careers.

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