Citadel assets drop $500 million

By Katrina Dean Allen

Tue Aug 17, 2010

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Ken Griffin has yet to hit his high-water mark.

Going into what looks like a second year without hitting its high-water mark, Ken Griffin’s Citadel has lost another $500 million in assets since the start of the year due to a combination of redemptions and performance losses.

Despite posting a 62% gain last year in its flagship multistrategy hedge funds—Kensington and Wellington—the firm’s overall assets...

ISSN: 2151-1845 / CDC10004H

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