Paloma

Inside Paloma Partners’ Reinvention, With New Leaders and Plans to Fundraise

Inside Paloma Partners’ Reinvention, With New Leaders and Plans to Fundraise

Finance

The last 18 months have been Paloma Partners’ second attempt at reinventing itself.The first try began in May 2023. Billionaire Donald Sussman, the founder of the 44-year-old asset manager famous for seeding D.E. Shaw and other quant funds, decided his firm needed a shake-up and hired well-known investor Neil Chriss…