Paloma Partners Said to Add $1.3 Billion in Assets This Year

(Bloomberg) Paloma Partners has boosted assets by $1.3 billion this year, defying a flight of capital from the global hedge fund industry by investors punishing poor performance.

The firm now manages $5.3 billion, according to a person familiar with the matter who asked not to be named because the information is private. In January 2015, its assets stood at $2.3 billion. A spokesman for the Greenwich, Connecticut-based firm declined to comment.

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