Ken Griffin's Citadel Investment Group Flagship Funds Up For '09
Tweet
Share
E-mail
After getting killed last year, Ken Griffin's Citadel Investment Group has produced positive returns for the first two months of 2009.
Citadel's flagship hedge funds Kensington and Wellington, which manage approximately $10 billion in assets, are up nearly 8% for 2009, according to The NY Post.
The Post said, Ken Griffin's funds gained approximately 5% in January and about 2.6% last month. The Kensington and Wellington funds reportedly did particularly well in market-making funds and equity-arbitrage investments.
These result contrasts with the large losses at Citadel last year that caused plenty of investors to withdrawal their money from Citadel. Griffin's positive return in the first two months of '09 is still just a drop in the bucket compared with the loss in assets in 2008.
Citadel's flagship hedge funds Kensington and Wellington, which manage approximately $10 billion in assets, are up nearly 8% for 2009, according to The NY Post.
The Post said, Ken Griffin's funds gained approximately 5% in January and about 2.6% last month. The Kensington and Wellington funds reportedly did particularly well in market-making funds and equity-arbitrage investments.
These result contrasts with the large losses at Citadel last year that caused plenty of investors to withdrawal their money from Citadel. Griffin's positive return in the first two months of '09 is still just a drop in the bucket compared with the loss in assets in 2008.
You May Also Be Interested In
- Tradeweb July 2026 ADV rises 23.3% YoY to $2.9 trillion
- KKR closes $19.2 billion infrastructure fund, its largest to date
- KKR and Mirastar buy four UK logistics assets for £170M
Create E-mail Alert Related Categories
Insiders' Blog, Trader TalkRelated Entities
Citadel, Ken Griffin, Hedge FundsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
