$1.1 billion Paloma Partners is cutting staff, including its strategy and marketing execs, following a business revamp Paloma Partners CEO Ravi Singh has been revamping the firm since taking over in 2024. Paloma Partners Strategy, marketing, and compliance personnel were targeted in staff cuts at Paloma Partners. Led by Ravi Singh, the $1.1 billion hedge fund completed a company overhaul earlier this year. Paloma was down about flat in 2026 through mid-April, after an 8% gain in 2025. Paloma Partners is cutting nearly a dozen personnel, including its strategy and marketing execs, according to people familiar with the matter. The staff reductions follow a broad revamp of the multistrategy hedge fund, founded decades ago by Donald Sussman, which included a leadership overhaul, a technology and operations rebuild, and outsourcing processes to streamline the firm.…