Citadel assets drop $500 million
August 17, 2010
Katrina Dean Allen
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...
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