Citadel’s New Hedge Funds

Seeking Alpha – Ken Griffin’s Citadel has plans to roll out a few more funds, even after Citadel’s flagship funds had a rough year in 2008. One will focus on currencies and interest rates, one will focus on stocks, and another will focus on convertible bonds.

Citadel is trying to roll out lower fee funds in an effort to attract more investors. Additionally, it’s hoping to raise $2-5 billion for the Global Macro Fund.

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