Citadel assets drop $500 million
By Katrina Dean Allen
Tue Aug 17, 2010
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
ISSN: 2151-1845 / CDC10004H
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