Hedge Fund Firm PAAMCO Prisma Co-CEOs Buchan and Reddy to Leave

(Reuters) Investment firm PAAMCO Prisma, one of the world’s biggest investors in hedge funds, said on Tuesday that a six-person executive committee will replace the firm’s two co-chief executives who are stepping down on Aug. 1. Jane Buchan and Girish Reddy, who have run the $30 billion firm since early 2017 when PAAMCO and KKR Prisma merged, will stay on as senior advisors until the end of the year.

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