Tag Archives: ken griffin
Citadel’s Fixed Income Fund Takes an 8.2% Hit: Inside the Volatility Shock That Rocked the World’s Most Sophisticated Pod Shop:
(HedgeCo.Net)In a rare and closely watched setback, Citadel—the multi-strategy powerhouse led by Ken Griffin—saw its Global Fixed Income strategy decline approximately 8.2% in March, marking one of the sharpest drawdowns for the firm in recent years. While Citadel’s flagship Wellington fund remains […]
Citadel Considering IPO in 2016
New York (HedgeCo.net) – Seven years ago, Ken Griffin saw his hedge fund empire on the verge of a collapse, but Citadel has rebounded like the market and he is now considering taking the firm public. The idea has been […]
Hedge Fund Corporate Welfare
TPMCafé – Last November, Ken Griffin told investors in his Citadel Hedge Funds that they couldn’t withdraw their money, but he was still going to charge a 2% management fee on their trapped funds. Oren Kramer a rival hedge fund […]
Citadel’s New Hedge Funds
Seeking Alpha – Ken Griffin’s Citadel has plans to roll out a few more funds, even after Citadel’s flagship funds had a rough year in 2008. One will focus on currencies and interest rates, one will focus on stocks, and […]
Main Citadel Hedge Funds Dropped Estimated 53% In ’08
CNN Money – Citadel Investment Group’s main hedge fund lost 53% for 2008, according to a person familiar with Citadel’s preliminary estimates. The $10 billion Kensington and Wellington funds lost about 9% during the first 24 days of December, punctuating […]