Facing losses of more than 35% year to date in its two
multistrategy funds, the now-$15 billion Citadel Investment
Group so far has had only minimal redemptions. But Citadel has
to be bracing for the next deadline when investors can line up
to cash out: November 15.
Rumors about Citadel's financial health have been flying
ever since its losses became well known, and the firm took
unprecedented action in late October to calm the waters