Performance

Univision buyout has happy ending for Citadel

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The national debate over immigration, legal or otherwise, seems to be heating up again. And although the de facto reconquista of the southwest by Spanish-speaking immigrants may seemingly have little to do with the world of hedge funds, the rapid hispanization of America has translated into investment themes that are making their way into investment portfolios. Nowhere is this more evident than in Ken Griffin's portfolio over at Citadel Investment Group.

Citadel is one of the largest shareholders in the Spanish-language television network Univision, which produces Emmy-award winning shows aired on company-owned stations from San Francisco to New York.