Ravi M. Singh was named CEO of multistrategy hedge fund Paloma Partners Management.
Singh was appointed CEO on Nov. 22, a spokesperson said.
He joined Paloma in February 2024 and served as the firm’s chief strategy officer prior to his appointment as CEO. Before joining Paloma, Singh had roles at firms including ORIX Corp. USA, Credit Suisse and Goldman Sachs.
The move comes after former CEO Neil Chriss left Paloma in April. Chriss joined Paloma in 2023 in the then newly created CEO role and as co-CIO along with founder and chairman S. Donald Sussman.
Sussman founded Paloma in 1989. Paloma is also known for external allocations to other hedge funds.
Paloma Partners is the investment adviser to the Paloma Fund, a multistrategy hedge fund that had about $2.9 billion in assets under management as of Sept. 30.
