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Citadel To Launch New Funds, New Strategies

New York (HedgeCo.Net) – After a disappointing year, Citadel will launch several new hedge funds in hopes of countering the losses of their main hedge fund. The multi-strat $10 billion Kensington...

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Hedge-Fund Redemptions Seen Haunting Exchanges In 2009

EasyBourse.com – When CME Group Inc. (CME) chose Citadel Investment Group founder Ken Griffin to front the first in a series of corporate advertisements last year, the symbiotic relationship between...

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The Who’s Who of Hedge Funds Defend Their Industry

New York (HedgeCo.Net) – Five billionaire hedge fund managers stood up before Congress yesterday and shared their differing views on the hedge fund industry. George Soros, Philip Falcone, John Paulson,...

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Citadel to close its offices in Tokyo

Chicago Tribune – The Citadel Investment Group will shutter its Tokyo offices and cut 37 jobs from its Asian operations. The Chicago-based hedge fund will still have a presence in Hong Kong, where 25...

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Citadel to cover operating expenses

Chicago Tribune – Citadel Investment Group is covering "a substantial portion" of its operating expenses this year, a break from passing those costs on to clients, Katie Spring, a spokeswoman for the...

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