{"id":12106,"date":"2009-09-24T06:40:12","date_gmt":"2009-09-24T10:40:12","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=12106"},"modified":"2009-09-24T06:40:12","modified_gmt":"2009-09-24T10:40:12","slug":"griffin%e2%80%99s-citadel-securities-to-unveil-credit-team-in-october","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2009\/griffin%e2%80%99s-citadel-securities-to-unveil-credit-team-in-october.html","title":{"rendered":"Griffin\u2019s Citadel Securities to Unveil Credit Team in October"},"content":{"rendered":"<p>Bloomberg &#8211; Citadel Investment Group LLC will formally open its credit business next month as the $13.5 billion hedge fund founded by Ken Griffin expands into the market for leveraged loans and high-yield, high-risk bonds.<\/p>\n<p>The new group, part of its Citadel Securities division, will be based in New York, according to Peter Santoro, head of institutional markets for the unit.<\/p>\n<p>The Chicago-based firm is setting up the sales and trading platform as part of a larger push into investment banking. The move follows the loss of Lehman Brothers Holdings Inc.,Merrill Lynch &amp; Co. and Wachovia Corp. during the financial crisis, which eliminated trading partners and debt underwriters.<\/p>\n<p><a title=\"Read Complete Article\" href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=newsarchive&amp;sid=a0_SiO9cnQwA\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Citadel Investment Group LLC will formally open its credit business next month as the $13.5 billion hedge fund founded by Ken Griffin expands into the market for leveraged loans and high-yield, high-risk bonds. The new group, part of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[11148,15868,4718,4113],"class_list":["post-12106","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-hedge-fund","tag-institutional-markets","tag-lehman-brothers","tag-leveraged-loans"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/12106","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=12106"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/12106\/revisions"}],"predecessor-version":[{"id":12108,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/12106\/revisions\/12108"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=12106"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=12106"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=12106"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}