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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 report by Pensions & Investments Online.
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.
Ajay Kumar, who previously served as the head of APAC index trading at Goldman Sachs during a decade-long tenure at the investment bank, has secured a new role at the hedge fund ExodusPoint Capital Management in Singapore, according to a report by eFinancial Careers.
Jason Siegel, the former head of Brookfield Asset Management’s multi-strategy hedge fund platform, has joined BW Gestão de Investimentos (BWGI), the investment office of Brazil’s billionaire Moreira Salles family, according to a report by Bloomberg.
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.
President-elect Donald Trump has nominated Scott Bessent, the founder of hedge fund Key Square Group, as Treasury secretary, signalling his preference for a seasoned financial expert and loyal ally to oversee US fiscal policy and economic strategy, according to reports.
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.
Heidrick & Struggles, a provider of executive search and talent services, has appointed Daniel Aghdami as a Partner. Based in Zurich, he will manage the company’s practice for European financial clients, including hedge fund and family offices.
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.
Syz Capital, the $1.8bn alternatives investment arm of the family owned Syz Group, has appointed Ursula Nitschke as its new Head of Business Development and Investor Relations, with responsibility for capital raising and communications.
