Tag Archives: citadel

Citadel Considering IPO in 2016

New York (HedgeCo.net) – Seven years ago, Ken Griffin saw his hedge fund empire on the verge of a collapse, but Citadel has rebounded like the market and he is now considering taking the firm public. The idea has been […]

A Hedge-Fund King Comes Under Siege

WSJ – Hedge-fund titan Kenneth Griffin lost $8 billion of his clients’ money last year. Now, he is trying to persuade investors to trust him with more. “We showed a level of human fallibility,” he told his staff at a […]

Citadel fund files $470 mln claim against Lehman

Reuters – Hedge fund Citadel Investment Group claims it is owed $470.5 million on derivatives contracts it held with Lehman Brothers, according to a claim filed in a New York bankruptcy court last week. Citadel, which manages around $12 billion […]

Hedge Fund Corporate Welfare

TPMCafé – Last November, Ken Griffin told investors in his Citadel Hedge Funds that they couldn’t withdraw their money, but he was still going to charge a 2% management fee on their trapped funds. Oren Kramer a rival hedge fund […]

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 […]

Hedge fund pushes Yahoo to sell search unit

San Francisco Chronicle – A major investor called on Yahoo Inc. to sell its search business to Microsoft Corp. on Wednesday, adding to the pressure on the Sunnyvale Web portal to restart talks with its rival. Meanwhile, Yahoo agreed to […]

Yahoo Stock Shoots Up After Carl Icahn Raises His Stake

eBrandz – In a move expected to fuel speculation over Yahoo Inc.’s search for a new chief executive — Corporate raider and billionaire investor Carl Icahn augmented his stake in Yahoo, has bought up close to 7 million additional shares […]

Get Over The Hedge

Forbes – Hedge funds are to the modern stock market as sun spots were to electronics in the 1960s: a convenient scapegoat when things go wrong without an evident cause. But they probably aren’t to blame for last week’s poor […]

Another horrible day for the major markets

The Times of Trenton – Stocks prices fell sharply again yesterday, ending the Standard & Poor’s 500 Index below 1,000 for the first time since 2003 on speculation banks and real-estate companies are running short of money as the credit […]

Some option players hedge bets in Wells Fargo, SunTrust

Reuters – Some bearish option players are betting that Wells Fargo & Co and SunTrust Banks Inc  could both lose as much as 10 to 15 percent of their current stock values by October options expiration. Nagging worries about the […]

Speculation Game is Over: Hedge Fund Manager

CNBC – As losses mount, hedge funds no longer have the ability to drive speculation in the markets, Hugh Hendry, chief investment officer and partner at Eclectica hedge fund told "Squawk Box Europe" on Tuesday. "There is no role for […]

Speculation bill moves to debate in Senate

Biloxi Sun Herald- The Senate voted Tuesday to move ahead with a Democratic plan to curb speculation in oil markets that has been blamed for some of the recent run-up in oil prices. The 94-0 vote clears a procedural hurdle […]