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We noted recently that Citadel, which had focused its efforts on its big macro fund, now aims to offer smaller funds within set style categories. AllAboutAlpha.com notes that this trend seems to have... Read more...
Citadel has hit a rough patch as of late, and this has coincided with some big changes. MarketWatch reports that the big fund company run by Ken Griffin--whose star burned so brightly not so long... Read more...
In many ways, Kenneth Griffin would appear to be type-cast as a hedge fund manager. He's made billions. He bought a Cezanne for $60 million. He was married at Versailles. But there is nothing... Read more...
The news is uniformly bad for many hedge funds right now. Sure, there are exceptions, like John Paulson's fund, which has been on a tear. But for most, the combination of short selling restrictions,... Read more...
We've noted recently that the hedge fund industry's dynamics have morphed in the wake of the credit crunch. Investors are still ravenous for hedge funds, but they are astute enough to note that the... Read more...
The KKR move to become a publicly traded company throws the spotlight once again on alternative investment companies and the public markets. We may see more private equity companies try to somehow... Read more...
We've noted before that lots of laid-off bankers, traders and analysts will have trouble finding a job. Some will have to transition into a new line of work. The lucky ones will find work in the... Read more...
For all its woes, the hedge fund industry remains in growth mode. If you can find a big winner, you're in good shape. Frankly, Everyone is looking for the next Paulson & Co., which had a monster... Read more...
It's a cliche that the real visionaries see opportunity in crises. But Citadel apparently sees a good chance to lock in talent. It has announced a string of hires recently that Financial News Online... Read more...
Somewhat lost amid the news about the Citigroup's huge loss, its sovereign wealth injection, and CDO/SIV woes was the news about its consumer unit. Once the citadel of Read more...