Citadel Opens Its ‘Gates’ on Better Results
Friday, October 30, 2009 : PermalinkWSJ – Citadel Investment Group LLC told investors it would fully lift its 10-month ban on withdrawals from the hedge-fund firm.
The Chicago firm also confirmed that a banker it hired last year to build an investment bank, Rohit D’Souza, was leaving.
The developments showcase the challenges facing the firm that manages $14 billion in assets as it tries to recover from a grim 2008 for its hedge funds while diversifying into other businesses.
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